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Updated about 9 years ago on . Most recent reply

User Stats

94
Posts
20
Votes
Danny Cerecedes
  • Investor
  • Glendale, CA
20
Votes |
94
Posts

LLC Advice

Danny Cerecedes
  • Investor
  • Glendale, CA
Posted

Hey BP if anyone would like to share how they have their LLC set up that would be greatly appreciated!!

I've already received some info on how to set up a LLC from a different post which was fantastic.

Here's my situation. I currently own the home I live in which is in CA. I own a rental in Kansas City and plan on acquiring a few more. I'm also planning on getting into flipping here in CA.

If anyone has a similar situation I would love to hear how you have it structured? I know Im not receiving legal advice here and that ultimately I should talk to an attorney but just looking for some insight.

I'm considering setting up my LLC out of state (NV) but just not quite sure? Do I need multiple LLC's or one? I have so many questions about this topic but don't want to be greedy with anyone's time.

Thanks ahead for anyone offering some insight!!!

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