LLC advise needed

[ericwt]

Originally I posted this in Everything else. I deleted it and moved it here. Maybe I will get a better response.

Every year I finance treasure hunters on various projects. In the past it has always been with cash and a handshake. This has always been on smaller projects for $1,000 to $5,000.

What I am wanting to do is set up a LLC for myself,for investing and require people that need larger amounts to set up their own LLC.
This will give me a way to save on taxes as far as losses go.

What is the easiest way to set up a LLC? Are there any good resources on line for doing this? I see web pages that will set one up for like $300, are these legitimate?

In my LLC I would be the sole owner. The LLC for the treasure hunters would need to be set up for selling shares to others. Most of these people are broke and I would end up paying for it.

Any thoughts?
I really would like to avoid lawyers if possible.

ericwt

[arkhunter]

will round you up some info

llc's..are like fruit...........how big..what color...what flavor...how many seeds....how long till it spoils(many considerations)

[tchimes]

When you are ready to find real treasure and such, let me know by pm only.



tchimes