Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 11 years ago,
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.