Q: I am a real estate agent and want to set up an LLC. What or who is the most affordable attorney or advisor to assist me
A: Your LLC must pay the annual franchise fee of $800, file federal and state taxes, as well as quarterlies.
Failure to fulfill your obligations will result in interest and penalties, interest on penalties, and penalties on interest, as well as letters from the FTB. It is a good idea to get a RELIABLE book keeper or accountant to fulfill the filing requirements. Many people buy an LLC online, and find themselves in trouble, a year or two later, with a pile of notices that they don't understand.
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