Updated over 5 years ago on . Most recent reply
Attorney for setting up LLC for BRRRR
Hi everyone. I'm looking for recommendations of attorneys that would be good at setting up an LLC for doing a BRRRR project in California. The project is specifically in Oakland, but that part probably doesn't matter. I'm hoping to get the LLC set up quickly.
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That's probably not what you want to hear, but why do you need an LLC? I jumped the gun a few years ago and formed one. Cost me tons of money for nothing. You'll have to pay the $800 franchise tax in California and it makes everything more complicated. I ended up cancelling the LLC and holding my properties in my personal name. Just make sure you have a good liability insurance.