Re: Forming an LLC
One thing to keep in mind about registering an LLC in a state other than the state in which you live is, in most states, they will require that you have a registered agent located in that state.
Many companies exist to provide the services of a registered agent, but they all charge a yearly fee for their services. Basically, the registered agent is someone (or a company) who can receive official correspondence for your LLC and also be served with legal process in the event you have any legal issues. The registered agent accepts the correspondence and/or legal papers and then forwards them to you.
I have found that most services costs between $100 - $250 per year.
If you are going to form an LLC in another state, you might want to check out Wyoming or Nevada, as they have very favorable laws unique to each state regarding privacy and other matters.
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