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Updated over 11 years ago on . Most recent reply
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Taking the Plunge!
I've spent the past few months reading books, listening to the BP podcasts(which are great), and trying to educate myself as best I can and am now getting ready to buy first house for flip. I'm trying to break through some analysis paralysis and have a property in my sites. I've read that for flipping purposes that I should start a S corp, but when I go on the NJ site to start S corp they need Federal Employee ID and NJ corporation number, which I don't have. Do I first just start a business and then register it as an S corp? Does anyone have any advice on things they have been successful with? Any info would be very appreciated.