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Updated over 4 years ago on . Most recent reply

Will Podrasky's profile image
Will Podrasky's profile image
Will Podrasky
  • Real Estate Investor
  • from Philadelphia
  • Member since May 28, 2017
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Will Podrasky's profile image
Will Podrasky's profile image
Will Podrasky
  • Real Estate Investor
  • from Philadelphia
  • Member since May 28, 2017
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Will Podrasky
  • Real Estate Investor
  • Philadelphia
5
Votes |
7
Posts
Starting Out

New Investor Looking to Create first LLC

Will Podrasky
  • Real Estate Investor
  • Philadelphia
Posted

I just bought an investment property in Memphis, TN and I need to create my first LLC. Any thoughts on what state I should create my LLC in? Additionally, should I create my LLC online or seek lawyer help?

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Soh Tanaka's profile image
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Soh Tanaka
  • Property Manager
  • from Lindenhurst, IL
  • Member since Mar 6, 2016
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Soh Tanaka's profile image
Soh Tanaka's profile image
Soh Tanaka
  • Property Manager
  • from Lindenhurst, IL
  • Member since Mar 6, 2016
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Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
506
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854
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Soh Tanaka
  • Property Manager
  • Lindenhurst, IL
Replied

Consult with a good asset protection attorney. Generally speaking, you should create one in TN, but that is just my opinion.

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