Business structure question

[Kevin Hurney]

I plan to start doing wholesaling deals. I am going to have two others working with me, an assistant and a negotiator. I plan to expand into fix and flip and rental properties. My question is do I need to establish a type of business for this situation? I want to make sure everything is taxed correct for myself and my employees.

Appreciate the help.

[James Vermillion]

This topic has been discussed at length in the forums, so try a couple forum searches to get some great responses.

Additionally, it would be best for you to seek legal advice from an attorney who specializes in real estate and an accountant. They will know the laws in your state and make sure that you are adequately protected and setup for tax purposes.