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Updated over 8 years ago,
Jamie ParkerPoster#2 Real Estate Deal Analysis & Advice Contributor
- Real Estate Investor
- Memphis, TN
- 73
- Votes |
- 249
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When to Form an entity
As an wholesaler, when is it smart to decide to form a LLC? Do I wait to build traction in the business or should start one right away. The purpose for this question is due to the tax benefits that may come with an entity. If I were to claim everything I earn as additional income I would be paying more taxes come tax time. I would like to get some clarity and more understanding in this area. Any thoughts?