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Updated about 9 years ago,
Business Structure for Real Estate Investing
Hello,
I am new to real estate investing. I incorporated my business as an LLC here in Florida. I haven't had my first deal yet. I would like to know how do I set up my business so I can properly take money from deals and be taxed accordingly. I am 25 yrs old so I don't have a IRA or any of that. I would like to know basically how do I make sure I have my financial accounts in order for when my deals start to come in. Thanks in advance for any advise or recommendations!!!