Personal Finance
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
PLLC or Not???
This question has been tossing around in my head and thought maybe I could reach out and see what you guys think.
As a newly licensed agent and aspiring investor - I have been contemplating on whether or not I should start a PLLC and open a business account and start putting money into that using it as a savings until I find a wothy investment(s). I cant do an LLC because I am under a broker.
Or maybe do something like an IUD contributing that, while also being able to cashout when needed and still continue getting the compound interest.
Any advice or suggestions on this one?