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Updated over 5 years ago on . Most recent reply presented by

Dusty Garland's profile image
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Dusty Garland
  • Rental Property Investor
  • from Krum, TX
  • Member since Jul 29, 2018
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Dusty Garland's profile image
Dusty Garland's profile image
Dusty Garland
  • Rental Property Investor
  • from Krum, TX
  • Member since Jul 29, 2018
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Dusty Garland
  • Rental Property Investor
  • Krum, TX
2
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Tax, SDIRAs & Cost Segregation

Using LegalZoom to form LLC: Yay or Nay?

Dusty Garland
  • Rental Property Investor
  • Krum, TX
Posted

What would/wouldn't you use an online provider like LegalZoom for (LLC formation, leases, etc)?

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Kaiser J.'s profile image
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Kaiser J.
  • Rental Property Investor
  • from Charlotte, NC
  • Member since Jul 1, 2018
  • Posts 80
  • Votes 123
  • Experience 14 Yrs
  • Investments 20
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Kaiser J.'s profile image
Kaiser J.'s profile image
Kaiser J.
  • Rental Property Investor
  • from Charlotte, NC
  • Member since Jul 1, 2018
  • Posts 80
  • Votes 123
  • Experience 14 Yrs
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Kaiser J.
  • Rental Property Investor
  • Charlotte, NC
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Kaiser J.
  • Rental Property Investor
  • Charlotte, NC
Replied

A single member LLC is very easy to set up on your own, directly through your state website. No point in paying extra to do it through LZ. An EIN is even easier and takes no more than a few minutes. Registered agent services are a dime a dozen. I would not pay LZ for any of those. For the lease or a partnership agreement, use an attorney.

Others may know better than I do what forms they found value in from Legal Zoom (and I would be interested in knowing, too). 

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