Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago,

User Stats

4
Posts
0
Votes
Nick Walters
  • Real Estate Investor
  • Youngstown, OH
0
Votes |
4
Posts

Do I need and attorney, REI specialized CPA, or both?

Nick Walters
  • Real Estate Investor
  • Youngstown, OH
Posted

Hi there! My father and I just purchased our first house, all cash deal. We are looking to flip the house for profit. We did use the 70% rule, and it passed by a good margin. 

Now, we are wanting to know if we should establish an LLC or not, and if so do we contact a tax pro who knows REI, an attorney, or both? Maybe none of the above?

Wanting to learn as much as I can! Any and all advice is appreciated! 

Loading replies...