LLC - Pay an attorney or setup myself? (Omaha, Nebraska)

[Collin Schwartz]

Are there any advantages of using an attorney when setting up an LLC for a rental property in Nebraska? My attorney charges close to $1,000 to form an LLC and I know I can do it on my own for much less. What are the advantages and disadvantages? Do I need to assign a representative, if so should they be a legal professional?

Also: I have a partner in the purchase who will NOT be under the LLC and will be partnering in the purchase under their name.

Thanks!

[Eric Siebert]

You can get on the Secretary of States web page and it lays it all out for you. Took me 30 minutes and a small amount of money. I'll save my attorney money for when I really need it.