How To Start an LLC In Florida

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In the United States, Limited Liability Companies were established in 1983 as a cross between corporations and limited partnerships. An LLC is a separate entity, like a corporation, but has the advantages of a limited partnership as anyone can become a partner in the company. In order to start an LLC, you have to file articles with the Secretary of State in any state in which you do business to get it started but it does not entail the maintenance of a corporation.

Advantages of an LLC:

Individuals in the LLC are not personally liable for the debts incurred by the business, unless they sign a personal guarantee or they create fraud or reckless debt.
Individuals who are officers in the LLC are not personally responsible for lawsuits against the LLC.
You can have owners from other countries in the LLC.
The LLC can open bank accounts, own property, take out insurance and get loans as it is its own entity.
No keeping of minutes or quarterly meetings are needed.

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[MrFtroop72]

i have been selling homes for years, just left florida due to the crash that is currently happening. thank god I made my money and got out while I did.

[bicepsca]

I am a investor from Montreal Canada. In real estate only.  I have a group of investors who is looking for properties with positive cash or flip. If you are interested please contact me.