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Updated almost 6 years ago on . Most recent reply
Need an RE legal reference
I am a new investor and have not yet purchased a property. I live in southern California and I am looking to make my first purchase, out of state, in a few months and am trying to figure out what, if any, company structure I need to put in place (LLC, S Corp, etc.). I have read a lot of debate on this in the forums and would like to talk to some one in the know (RE Lawyer). If you are a RE Lawyer who does consultations or know a good RE lawyer let me know. Thanks in advance!
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#1 Tax, SDIRAs & Cost Segregation Contributor
- Tax Accountant / Enrolled Agent
- Houston, TX
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#1 Tax, SDIRAs & Cost Segregation Contributor
- Tax Accountant / Enrolled Agent
- Houston, TX
Two lawyers will never agree on the best way to structure a real estate business. I'm not joking, just stating the well-known fact.
This forum features several experienced lawyers. I recommend you browse the forum, read the lawyers' comments and choose 3 who make sense to you and appear compatible with your approach to business. Then contact them directly.
Keep in mind that they are NOT allowed to contact you first, per BiggerPockets rules. You have to start the connection.
Also, there are two sides to choosing an entity: legal and tax. So you will also need to connect with a good accountant.