Posted by Tom (WA) on September 12, 2002 at 11:47:47:
Patch, you are making way too big a deal over this. Use either an S-Corp or a LLC. It does not matter - Just do it. After you have been in business a while and developed your own area of specialization you can decide what works best then. Start today.
Please take my survey on corps/llcs… - Posted by Patch
Posted by Patch on September 11, 2002 at 08:39:36:
Thanks for reading…
I would like to get as many responses as possible…
The more the merrier…
I would like to find out…
What do you all use for flipping (under 1 yr.)
1a) Main reason why?
What do you all use for leases/rentals (over 1 yr.)
2a) Main reason why?
If you have separate LLC’S or Corps that own several properties, are those entities owned by the individual or by another entity.
What reason would one want to own a LLC that is solely
owned by an S-Corp.
4a) What are the tax benefits?
If one were trying to build a professional organization (ie a big company), is it better to llc or corp… that is,
pass through the profits or allow the company to hold em and build upon them (C-corp)…
Thank you all for your responses…
This site is great