Setting up of legal entities - Posted by Kevin

Posted by dutch on May 06, 2006 at 19:02:00:

I did my first 5 or 6 deals under my own name. Then I moved to an entity for liablity and tax reasons. Usually newbies need to concentrate more on the deal and the property than on the business structure. That will come. But if you have the time and inclination, do it first. Doesn’t really matter usually.

Just my opinion.

Dutch
OKHomesavers

Setting up of legal entities - Posted by Kevin

Posted by Kevin on May 06, 2006 at 12:05:44:

Should I set up the legal entity before purchasing my first property or wait until closing of that property?