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Thursday, January 26, 2017


7 Step Oakley Home 2 LLC Setup Guide

Earlier this week I met with one of my colleagues on the Pleasant Ridge Development Corporation to go over the logistics of setting up an LLC to hold the Oakley Home 2.0 @ 3874 Isabella Lot and run the business of building and selling the house. In simple terms, there are 7 steps to getting this entity structure up an running, which are outlined below. The current plan is for me to complete steps 1-3 and the attorney I'm hiring to do steps 4-7
  1. Complete and File Articles of Organization for a Domestic Limited Liability Company in the State of Ohio
  2. Obtain a Tax ID (EIN) Number
  3. Open an LLC Bank Account
  4. Obtain a form for a Deed
  5. Fill out the warranty or quitclaim deed form
  6. Sign the deed to transfer property to the LLC.
  7. Record the Deed
I have already completed step 1 with the company name being 'Oakley Home 2 LLC' and should be able to move on to steps 2-3 within the next week.