HOW TO PROTECT YOUR REAL ESTATE ASSETS

The LLC is a perfect entity for real estate holdings — you just can’t beat it! One advantage is that an LLC has dual liability protection that shields your investments from the frivolous lawsuits filed against people like you every day. So if you rear-end someone in a parking lot and he sues you personally, he can’t seize and liquidate your investment properties to settle the claim if they’re held in an LLC.To Start an LLC in Georgia, Follow the Simple Steps Listed Below:

  1. STEP 1: Name your LLC. …

  2. STEP 2: Choose a Registered Agent. …

  3. STEP 3: File the Articles of Organization. …

  4. STEP 4: Create an Operating Agreement. …

  5. STEP 5: Obtain an EIN. …

  6. Separate Personal Assets from the LLC. …

  7. Register Your LLC for Georgia State Tax. …

  8. Accounting.

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