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Updated over 6 years ago on . Most recent reply
LLC or Corporate, starting investor
Hello everyone, I am relatively new on the RE world and I am wondering what is better, if I should start with an LLC or a Corporation for my investments and also another company that I am in the process of creating. I wonder what type of entity did everyone started with.
Thanks in advance for everybody’s responses!
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Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
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Ashish Acharya
#2 Tax, SDIRAs & Cost Segregation Contributor
Tax & Financial Services
Pro Member
#2 Tax, SDIRAs & Cost Segregation Contributor
- CPA, CFP®, PFS
- Florida
@Account Closed,
Generally this is what you will find here.
Rentals - LLCs
Flips - Corporations
Not related to RE:
Your company - Depends what you are doing, if you have partners.
It is not absolutely necessary to get an entity to begin your RE journey. Good amount of insurance would do it.
- Ashish Acharya
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