Business Structure - Posted by KW

Posted by Geoffrey Faivre-Malloy on December 09, 2000 at 23:00:52:

Jeez. This is so DUMB - I mean, the IRS has GOT to know we’re doing this so what’s the point of this stupid IRS regulation in the first place…


Business Structure - Posted by KW

Posted by KW on December 06, 2000 at 21:44:07:

We are just getting started in REI. We are looking at three properties.

What would be a top 10 or so list of things to get in order, before making the first purchase? We will be making purchases for rentals and rehabs. We are located in North Carolina.

LLC, Business Plan, Legal Issues, Insurance ect.

Re: Business Structure - Posted by Shane

Posted by Shane on December 08, 2000 at 09:11:42:

A common question among newbies. The standard answer for business structure is LLC for your rentals and a C-corp for your flips/rehabs.