LLC, CPA, and Lawyers Oh My!

[Ryan Van Fleet]

I know there is a ton of information out there regarding LLC and CPAs, but on a recent BP podcast they mentioned the order you do some this stuff can impact legal and tax implications.

I'm getting ready to pick a property or two via Owner/Private financing and I know purchasing it as an LLC is the way to go, but I really need to talk to a lawyer and CPA. Any recommendations on where to start looking? Or order of operations? I'm purchasing in the Salisbury, MD area.

Thanks in advance.

[Dave Holland]

Ryan Van Fleet

No reason you shouldn't be in contact with both. You'll want to go over your LLC formation with an attorney, and schedule an initial consultation with a CPA that specializes in real estate to let them know your plans.

Let me know if you have any other questions.