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Updated about 6 years ago on . Most recent reply

LLC and banking and EIN and UBI questions
I'm hoping to get clear guidance here on what I need and don't need to do.
I'm working backwards here as I already bought two properties under the LLC name. Very much shoot, ready, aim.
I haven't got any guidance on the legal items I need for setting up a business bank account etc.
What I have:
1. LLC setup via the state website. (Washington)
2. EIN issued from the IRS (Don't know if I needed this given its just me on the LLC and its a pass-through-entity)
3. Operating agreement which I created on a website (Title company needed this in order to close)
What do I need or not need to set up a business bank account in the LLC. (Need this so I can sign a property management contract and fill out I9 etc)
Questions:
1. Do I need a UBI (actually get a business license? Seems like it if I look at the bank checklist of items needed for the account)
2. Did I even need the EIN for the LLC (This cost $, wondering if I flushed that money)
Or should I just consult an attorney and start over. like Corporatedirect.com
Confused. I have no idea what I'm doing. Please help
Most Popular Reply

@Nathan Justus
Then you’ve got scammed into a third party website that sold you something that is free...
I have many LLC and I got all my EIN for free on the IRS website. Some were delivered immediately online, some I had to wait a week and were done by fax.