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Updated over 8 years ago on . Most recent reply

Francisco Lopez's profile image
Francisco Lopez's profile image
Francisco Lopez
  • from Greensboro, North Carolina
  • Member since Oct 16, 2016
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Francisco Lopez's profile image
Francisco Lopez's profile image
Francisco Lopez
  • from Greensboro, North Carolina
  • Member since Oct 16, 2016
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Francisco Lopez
  • Greensboro, NC
3
Votes |
21
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Starting Out

LLC Question

Francisco Lopez
  • Greensboro, NC
Posted
Hello BP! What are the pros and cons of creating an LLC right off the bat when beginning in the REI world?
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Curt Davis's profile image
Curt Davis's profile image
Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008
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Curt Davis's profile image
Curt Davis's profile image
Curt Davis
  • Flipper/Rehabber
  • from Memphis, TN
  • Member since Aug 30, 2008
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
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Curt Davis
  • Flipper/Rehabber
  • Memphis, TN
Replied

Cons - Set up cost, yearly renewal cost, tax return cost to CPA should you need to, questionable protection from liability. 

Pros -  not really sure!!

Good luck

  • Curt Davis
1 Vote
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