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Updated over 6 years ago on . Most recent reply

Daniel Kent's profile image
Daniel Kent's profile image
Daniel Kent
  • Rental Property Investor
  • from Berlin, NJ
  • Member since Mar 7, 2016
  • Posts 83
  • Votes 23
  • Experience 6 Yrs
  • Investments 1
Connect

User Stats

83
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23
Votes
Daniel Kent's profile image
Daniel Kent's profile image
Daniel Kent
  • Rental Property Investor
  • from Berlin, NJ
  • Member since Mar 7, 2016
  • Posts 83
  • Votes 23
  • Experience 6 Yrs
  • Investments 1
Connect
Daniel Kent
  • Rental Property Investor
  • Berlin, NJ
23
Votes |
83
Posts
Tax, SDIRAs & Cost Segregation

LLC Before the 1rst of the year?

Daniel Kent
  • Rental Property Investor
  • Berlin, NJ
Posted

Hi All,

Quick questions about starting out and starting those wonderful LLC's!

Want to start an LLC for asset protection as well as marketing for my future real estate investing. With the end of the year approaching, is it worth it filing for the LLC now, or am I better off waiting until January so it begins with the next tax cycle?

THanks!

  • Daniel Kent
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    Jason D.'s profile image
    Jason D.'s profile image
    Jason D.
    • Rental Property Investor
    • from St. Petersburg, Fl
    • Member since May 8, 2017
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    Jason D.'s profile image
    Jason D.'s profile image
    Jason D.
    • Rental Property Investor
    • from St. Petersburg, Fl
    • Member since May 8, 2017
    Connect
    Jason D.
    • Rental Property Investor
    • St. Petersburg, Fl
    4,385
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    Jason D.
    • Rental Property Investor
    • St. Petersburg, Fl
    Replied
    @Daniel Kent a standard LLC has no effect on taxes, so there is no reason to wait
    2 Votes
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