California Real Estate Q&A Discussion Forum
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 over 6 years ago,
CA Business Entity Qs: SDIRA Investing vs. Cashflow Portfolio
Hi All!
I'm new to BP and so far love the environment. Had a quick question about business entity formation in California. I'm currently in the very early stages of trying to roll an old 401k into an SDIRA and use the $22k worth of funds to get me involved in my first deal. From what I can gather, LLCs are generally used for such a transaction? But...If I wanted to engage in other REI deals with money straight from my savings account, would I have to form a separate business entity in order to take part? Any recommendations on what entity a California resident looking to do both in-state and out-of-state deals should use (LLC vs C-Corp vs S-Corp)?