All Forum Posts by: Victoria Cashin

Mr. Sutton offers a complimentary half-hour phone consultation--or used to, and we took advantage of this several months ago. We'd learned about him after hearing him interviewed either on a Kathy Fettke (Real Wealth Network) or Holly McCann podcast. He was pretty impressive on the podcast, especially about limiting liability through the use of out of an LLC set up out of state--I believe in Montana--as well as possibly a second LLC in state (wherever you may be).

So we called and I spoke with him for just over 30 minutes, and liked him quite a bit.  I believe his charge would have been around $700 for the setup, plus a yearly fee of some type, although I think this depended upon the kind of business we were going to set up, whether we were going to buy more than one property, whether we were going to move, and probably some other factors I've forgotten.  

We were seriously considering going with his plan, and still may, but our progress on this step was disrupted by some medical issues, then by our decision to move from the balmy climate of So Cal's desert, to the balmier (IMO) world of Atlanta.  Since getting here we've decided to check out a couple of local CPAs first, and as much as I liked Sutton, having been here for a few weeks I'm wondering more and more about whether having an in state--better yet, local-- rather than out of state CPA may give us a greater comfort level.    I don't have the accounting expertise to  know if there really is a benefit, but I also wonder whether, although the business setup is very important, it's probably well within the abilities of a lot of competent CPAs, and that having a local (i.e., in state) cpa may  give us some greater advantages. Again, I'm not sure if that's really the case, and if so, what they may be, but it's our thinking right now. 

Anyway, if you haven't already, my suggestion would be to try looking up the Sutton podcast on Fettke or McCann's websites, and see what you think.  Either way, best of luck.