Where To Create An LLC & Find A CPA

[Michael Ruvido]

Hi All - 

I know this is a hotly debated topic and I certainly don't want to create any heated discussions, but I'm looking to buy my first rental property and I'd like to put it in an LLC. I know there are multiple other options, like umbrella insurance, but I'm just looking at LLC's for the moment.

I live in MA and would like to buy in AL. In which state should I create the LLC in; MA, AL, or another state with favorable laws (Delaware, Wyoming, Nevada, etc.)? And in which state should I find a CPA to talk to about all of this? Any information you can provide would be appreciated and if you have any referrals let me know.

Regards,

Mike