How to set up an LLC for your rental property in Missouri

If you’re a landlord or real estate investor in Missouri, you’ve probably heard about the benefits of owning rental property through an LLC. Limited liability companies can offer important protections and flexibility when managing your rental investments. But how do you get started? What are the specific steps and costs involved in Missouri? And is an LLC really the right choice for your rental portfolio?

In this guide, we’ll walk you through everything landlords may want to consider about how to set up an LLC for a rental property in Missouri. From filing fees to ongoing requirements, and even how LLCs compare to other structures and insurance options, you’ll find practical, Missouri-specific insights to help you decide and take action.

What is an LLC and what does it protect you from as a Missouri landlord?

An LLC, or Limited Liability Company, is a popular business structure that blends some benefits of corporations and partnerships. For landlords, the key advantage is liability protection. This means your personal assets—like your home, personal savings, or car—are generally shielded if your rental property faces lawsuits or debts, such as tenant injury claims or unpaid bills.

However, an LLC isn’t a magic shield. It won’t protect you from everything. For example, if you personally guarantee a loan or engage in illegal activities, you can still be held responsible. Also, operating your rental with negligence or mixing personal and LLC funds can weaken that protection.

If you want to learn more about the pros and cons, check out our full breakdown on should landlords use an LLC.

Step-by-step: how to set up an LLC for a rental property in Missouri

You may want to consider the following general steps when setting up an LLC for your Missouri rental property. This is a general guide and it might be beneficial to consult professionals for your specific circumstances:

1. Choose a name for your LLC: Your LLC’s name must be unique and include “Limited Liability Company,” or abbreviations like “LLC” or “L.L.C.” Missouri’s Secretary of State website lets you search to make sure your name isn’t already taken. The name can’t imply it’s a different type of business, like a bank or insurance company.‍
2. Designate a registered agent: Missouri requires your LLC to have a registered agent with a physical address in the state. This person or company receives official documents and legal notices on behalf of the LLC.‍
3. File your articles of organization: This is the official document that creates your LLC. You’ll need to fill out the form and file it with the Missouri Secretary of State. We’ll dive into what articles of organization are and how to file them in the next section.‍
4. Create an operating agreement (optional but recommended): This internal document outlines how your LLC will be managed and how decisions are made. Missouri doesn’t require it, but having one helps prevent disputes and clarifies your business structure.
5. ‍Get an EIN from the IRS: An Employer Identification Number (EIN) is like a Social Security number for your LLC. It’s generally necessary for tax filings and opening a bank account, but you may want to verify requirements with the IRS or a tax professional.‍
6. Register for Missouri state taxes if needed: Depending on your rental activity, you might need to register with the Missouri Department of Revenue for sales tax or other tax obligations.

What are articles of organization and how to file them in Missouri

The articles of organization are basically the birth certificate of your LLC. They officially tell the Missouri Secretary of State you’re forming a new limited liability company. In Missouri, you file these articles online or by mail through the Secretary of State’s business services portal.

The form asks for basic info like:

• LLC name  
• Registered agent’s name and address  
• Whether the LLC will be managed by members or managers  
• The LLC’s principal address  

Filing is generally straightforward and usually takes just a few minutes online.

How much does it cost to set up an LLC in Missouri?

When asking “how much does it cost to set up an LLC?” Missouri landlords should budget for:

• LLC filing fee: $50 to file your articles of organization online or by mail, according to LLC University (updated in 2025)
• Annual report fee: $0 if you file online by the deadline (due each year by the anniversary month of your LLC formation)  
• Registered agent fees: If you hire a commercial agent, expect around $100–$300 per year  
• Operating agreement preparation: Free if you do it yourself, or a few hundred dollars if you hire help

Missouri is generally on the affordable side for LLC formation, especially compared to some other states.

How long does it take to set up an LLC in Missouri?

If you file online, Missouri typically processes LLC filings within 2–3 business days. Paper filings can take longer, often 7–10 days or more. Expedited services are available for an extra fee if you need your LLC formed quickly.

Once approved, you’ll get a stamped copy of your articles of organization as proof your LLC legally exists.

Do I need a lawyer to start an LLC for my rental property?

While you don’t have to hire a lawyer to start an LLC in Missouri, and the Secretary of State provides instructions and online filing options, many landlords successfully set up their LLCs themselves using online guides and templates.

That said, it might be beneficial to consult a lawyer or accountant if you want customized operating agreements, help with tax planning, or have complex ownership structures. If you’re just starting out with one or two rentals, a DIY approach is often sufficient.

How to get an EIN for an LLC that owns rental property in Missouri

An EIN (Employer Identification Number) is generally required for your LLC to file taxes separately, open a bank account, and sometimes apply for financing.

You can get an EIN for free directly from the IRS by applying online on the IRS EIN application page.

The process is quick, and you’ll receive your EIN immediately after completing the form. However, you may want to verify EIN requirements with a tax professional.

Do LLCs need annual reports and other ongoing compliance in Missouri?

Missouri LLCs are typically required to file an annual report with the Secretary of State every year. The good news is Missouri doesn’t charge a fee for filing the annual report online, as long as it’s submitted on time. The report includes updated contact info and member/manager details.

Missouri LLCs should also maintain good business records, keep personal and business finances separate, and renew any necessary business licenses.

Missouri’s annual report deadline is based on your LLC formation month, so it’s a good idea to mark your calendar and check official sources or consult professionals to ensure compliance.

S corp vs LLC for landlords: a quick comparison

Some landlords ask about S corp vs LLC when organizing their rental properties. Here’s a quick overview:

• LLC: Flexible management and ownership, pass-through taxation, and good personal liability protection.  
• S corp: A tax status that LLCs can elect, which may reduce self-employment taxes but comes with stricter rules on ownership and payroll requirements.

For many Missouri landlords, setting up a basic LLC may be simpler. You can always consult a tax professional to see if electing S corp status later makes sense for your individual situation.

LLC vs umbrella insurance for rental property risk management

While an LLC offers liability protection by separating your personal assets from your rental business, it doesn’t replace insurance. Many landlords pair their LLC with an umbrella insurance policy for extra liability coverage beyond their landlord insurance limits.

If you want to understand how these two tools work together to protect you, check out our detailed comparison on LLC vs umbrella insurance.

Also, if you’re shopping for coverage, see our guide on landlord insurance in Missouri for state-specific tips.

When does it make sense for Missouri landlords to use an LLC?

An LLC might be a good fit if you:

• Own multiple rental properties and want to separate liability for each  
• Want to protect your personal assets from lawsuits related to your rentals  
• Are planning to bring in partners or investors  
• Desire a clear formal structure for your rental business  

On the other hand, an LLC might not be necessary if you own just one small rental and want to keep things simple. Also, managing an LLC means ongoing paperwork and costs.

Ultimately, it’s wise to weigh the benefits and limitations, and consult a qualified attorney or tax professional about your individual situation.

Where to learn more and next steps

Considering setting up an LLC for your Missouri rental property may be a way to protect yourself and organize your investment business. Now that you understand the process, costs, and considerations, you can explore your options.

Remember to:

• File your articles of organization with the Missouri Secretary of State  
• Apply for your EIN on the IRS website  
• Stay on top of your annual reports and compliance  
• Review your insurance coverage to complement your LLC protections  

For a deeper dive on LLC benefits, check out our should landlords use an LLC article. And don’t miss our guide on LLC vs umbrella insurance to understand how to best protect your rental investments.

If you own rental properties in Missouri, you may want to explore setting up an LLC as one option. It could be a beneficial step to secure your assets and grow your real estate business, but be sure to consult qualified professionals to determine what’s best for your situation.‍

This article is for informational purposes only and does not constitute legal or tax advice. Please consult a qualified professional before making decisions about your business structure.