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Updated over 12 years ago on . Most recent reply presented by

Braden Souder's profile image
Braden Souder's profile image
Braden Souder
  • Flipper/Rehabber
  • from Lake Mary, FL
  • Member since Sep 18, 2011
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User Stats

28
Posts
6
Votes
Braden Souder's profile image
Braden Souder's profile image
Braden Souder
  • Flipper/Rehabber
  • from Lake Mary, FL
  • Member since Sep 18, 2011
Connect
Braden Souder
  • Flipper/Rehabber
  • Lake Mary, FL
6
Votes |
28
Posts
Tax, SDIRAs & Cost Segregation

Whats a good cost effective entity for taxes?

Braden Souder
  • Flipper/Rehabber
  • Lake Mary, FL
Posted

After reading on here I was initially thinking LLC taxed as an S corp but My tax guy says just use a sole proprietor with Good Insurance policy. It has the Least start up and yearly maintenance cost and an LLC would not be beneficial unless I make over 120k. I'm doing subject to and wholesaling, Not a lot of volume.
Thx

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