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Updated about 9 years ago on . Most recent reply

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Daniel Sciortino
  • Wellesley, MA
0
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12
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Struggling with decision to form an LLC

Daniel Sciortino
  • Wellesley, MA
Posted
Hi everyone - I've read a lot of threads and articles on BP thus far concerning this topic but I haven't come away feeling all the more informed. I do want to talk to a professional(s) thought as a next step - that much I know. For those that wrestled with this question as they started out, would you be willing to provide the name of an attorney - ideally one based in Massachusetts (in case I want to sit down with the person)? Thanks for any info you can offer!

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455
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Dylan Tanaka
  • Real Estate Agent
  • Detroit, MI
178
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455
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Dylan Tanaka
  • Real Estate Agent
  • Detroit, MI
Replied

Daniel,

Over here in Michigan we can file our own paperwork to form an LLC and the fee is $50. I run my company as an LLC and have for close to 15 years. I've done flips, rentals, new construction and even contract work at times. LLC's are very flexible as you can choose how you want to be treated tax wise.

The best advice I can give you is to interview multiple attorneys and CPAs until you find one that understands what you want to do. You shouldn't pay more than a few hundred max for an LLC with an operating agreement.

  • Dylan Tanaka
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