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Updated over 9 years ago,
How to Set-up my company
Hello All. My name is Ernie and I am proudly a newbie. You have to start sometime. I have been doing a lot of research, Bigger Pockets is amazing. I've just started listening to the podcasts on my commute. I feel strongly about forming a business and flipping homes, having multiple rentals, and other parts of the business. My question is with setting it up. I recently spent time in a 3 day seminar and when it came to this area, they advised setting up a Nevada LLC for the rentals, and an LLC-S for the flipping. Can anybody weigh in on this? I was thinking of an LLC, but am I too early for this? Should start with it?
I look forward to your feedback. Thanks.
Ernie