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Updated almost 7 years ago on . Most recent reply

User Stats

47
Posts
21
Votes
Micah Cook
  • Investor
  • Mishawaka, IN
21
Votes |
47
Posts

What type of buisness to start

Micah Cook
  • Investor
  • Mishawaka, IN
Posted

I am currently investing privately, but my ultimate goal is to form an investment firm or business if you will. I have heard the best way for someone in real estate is to form an LLC versus incorporating. What are the tax benefits in forming an LLC versus just private investing or incorporating. Or what business type would best facilitate growth to eventually manage a large portfolio and provide comfort for investors and ourselves?

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