Skip to content
New Member Introductions

User Stats

1
Posts
1
Votes
Andrew Tischbein
Pro Member
1
Votes |
1
Posts

New member - First steps

Andrew Tischbein
Pro Member
Posted Jul 28 2022, 06:03

Hi everyone! My wife and I recently decided to jump into real estate investing so we're excited to be a part of this community. We're getting started and hope to secure our first property through a HELOC this year. Question I have is about setting up an LLC for tax purposes. I'm seeing so many different avenues to set one up - are there any good resources that can walk us through that process to make sure we're taking full advantage?

User Stats

3,679
Posts
1,211
Votes
Julio Gonzalez
Pro Member
  • Specialist
  • West Palm Beach, FL
1,211
Votes |
3,679
Posts
Julio Gonzalez
Pro Member
  • Specialist
  • West Palm Beach, FL
Replied Jul 29 2022, 02:20

Welcome to BiggerPockets, Andrew!  You found the right place for information

Best of luck investing!

User Stats

19
Posts
14
Votes
Jabari Bell
  • Real Estate Agent
  • New York, NY
14
Votes |
19
Posts
Jabari Bell
  • Real Estate Agent
  • New York, NY
Replied Jul 29 2022, 05:19

Good morning Andrew, 

Glad to hear that you & the Mrs. are getting into real estate investing. Outside of the third party agency that has filed my entities in the past, I have also worked with incfile.com - where all necessary information is presented/accessible to you at all times & your registered agent is taken care of through the platform. 

Good luck on investing!

BiggerPockets logo
BiggerPockets
|
Sponsored
Find an investor-friendly agent in your market TODAY Get matched with our network of trusted, local, investor friendly agents in under 2 minutes

User Stats

2,606
Posts
2,978
Votes
Scott E.
  • Developer
  • Scottsdale, AZ
2,978
Votes |
2,606
Posts
Scott E.
  • Developer
  • Scottsdale, AZ
Replied Jul 29 2022, 07:07

If you have an attorney, it's not THAT expensive to have them set it up on your behalf. This will ensure that everything is filled out and filed correctly.

With that being said, setting up an LLC is not rocket science. I used LegalZoom to set one up myself in the beginning.