Real Estate Attorney / CPA needed to create LLC for Purchase

Real Estate Attorney / CPA needed to create LLC for Purchase

Member since 2023 · 1 post · 0 votes

Hi,

I'm looking to see if there is anyone who has recommendations for an attorney and/or CPA that is able to create an LLC for an out-of-state investor looking to purchase a single-family home in Las Vegas. I understand the laws in NV are tight due to gaming laws and I would like a professional to assist vs. DIY. Does anybody have any contacts?

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Basit SiddiqiBusiness Member
Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
2y

I personally would not work with a CPA to create an LLC.

You may potentially want an LLC Agreement / Operating agreement to go along with the formation of the LLC which a CPA is not capable of drafting.

Best of luck.

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  • Real Estate Agent · Las Vegas, NV · Member since 2020 · 461 posts · 305 votes
    2y

    Here is the CPA  who did mine. 

    CPA


    He is good with real estate issues. 

  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    2y

    I personally would not work with a CPA to create an LLC.

    You may potentially want an LLC Agreement / Operating agreement to go along with the formation of the LLC which a CPA is not capable of drafting.

    Best of luck.

  • CPA| New Clients Welcome| 50 States · Member since 2016 · 440 posts · 97 votes
    2y

    Hi Kevin, you've come to the right place. There are over 20 active CPAs here in Biggerpockets assisting RE investors with their tax planning. Make sure to reach out to one with real estate experience. Please email them as we are not allow to self promote.

  • Sean O'KeefePro Member
    CPA | Accepting new clients | 50 States · Member since 2022 · 1k+ posts · 871 votes
    2y

    @Kevin Sze there are a lot of resources out there to create an LLC. I think the real value in working with Real Estate CPA / Attorney is to make sure you select the right entity structure/strategy and then use one of the other (cheaper) services to actually create the entity.

  • Ahad AliPro Member
    CPA/Investor · Bronx, NY · Member since 2018 · 236 posts · 45 votes
    2y

    Hi Kevin,

    For setting up an LLC in Nevada, especially with the unique considerations due to gaming laws, it's wise to seek assistance of a CPA. I've heard that some CPAs specialize in helping out-of-state investors navigate these complexities smoothly.

    If you need more detailed guidance or have questions about what to look for in a CPA, feel free to connect with me. 
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