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Tax, SDIRAs & Cost Segregation

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Conner Smallwood
  • Dayton, OH
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Do I need an attorney to set up my LLC?

Conner Smallwood
  • Dayton, OH
Posted Feb 21 2017, 06:52

My partner and I want to set up an LLC and buy a small apartment building. We want the LLC for asset protection purposes. I know that I can set it up myself and have done so in the past. However, I have heard from several people including one of the BP Podcasts that if you don't have an attorney set up your LLC, you will be in trouble when/if you get sued. So has anyone on here set up their own LLC without using an attorney and then been sued? Did it make a difference that you set it up yourself?

Thank you!

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