CA Rental LLC (Business)

CALIFORNIA BUSINESS RENTAL LLC

If you want to set up a single-member rental LLC, please do NOT buy this package.
Please click here and buy the Solo rental LLC package under California Rental LLCs.

Purpose:

Creates a multi-member California limited liability company (LLC) for up to four co-founders for purposes of holding a rental or investment property. A rental LLC helps with asset protection and provides tax benefits

For a comparison of LLC packages, please click here.

Terms & Conditions:

Package fee includes California Secretary of State filing fee for in-scope items under normal processing. Also includes California county recording fee for one title deed. Excludes California registered agent fee.
Excludes expedited processing fees, document retrieval fees, third party costs (if any), and other out-of-scope items.
Attorney consultation will be limited to in-scope items for the applicable period of days, which will begin from the date of your payment.
Additional attorney time will be billed at our standard hourly rates as follows: Partners – $500; Associate Attorneys – $250; Senior Paralegals – $200; and Paralegals – $150.
Assistance will be limited to filling up online forms and obtaining business license online.
Title transfer will be limited to transferring your property ownership interests ‘as is’ to your rental LLC. Excludes any title search, title corrections, inter-spousal transfers, property valuation, and other non-covered items.

Documents Included:

Articles of Organization
Action by Sole Organizer
Operating Agreement (standard)
Member(s)' or Manager(s)' Consents (Organizational) (as applicable)
Member(s)' or Manager(s)' Consents (Bank Authorization) (as applicable)
Member(s)' or Manager(s)' Consents (First Meeting) (as applicable)
Membership Unit Purchase Agreement(s) (up to 4)
Membership Certificates (up to 4)
Membership Ledger
California grant deed and related county forms for title transfer to LLC
Assignment of LLC interests to your revocable living trust (if any) (up to 2)
LLC Compliance Memorandum

Services Provided:

Free attorney consultation (up to 5 days)
Obtain an EIN (i.e., tax ID) for the LLC
File initial California Statement of Information
Business license counseling
Introduction to banker (if requested)
Introduction to accountant (if requested)
Complete California securities filing (if applicable)
Electronic corporate binder
E-recording of one California grant deed to transfer the title of your rental or investment property to your rental LLC (Only applicable if you and/or your spouse own 100% of your California rental property)

After you click the 'buy now' button below, please create an account on the next page to access your questionnaire.
If you already have an account on our portal, then please log-in to your account.

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Your custom corporate documents will be emailed to you within three business days of incorporation of your LLC under normal processing.