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All Forum Posts by: Caleb L.

Caleb L. has started 10 posts and replied 143 times.

Post: LLC vs. C corperation. Which is better?

Caleb L.Posted
  • Investor
  • Georgetown, Tx.
  • Posts 149
  • Votes 69

Thanks y'all! I'll talk to my local CPA to be sure. If I go public in the future, than I will have to switch to a C corporation, but that's a long ways away, if I do it at all. 

Thanks for all your help guys!

Post: LLC vs. C corperation. Which is better?

Caleb L.Posted
  • Investor
  • Georgetown, Tx.
  • Posts 149
  • Votes 69

Hi! 

I have a question about llc's and C corps. Which is better? Is there any difference in terms of tax advantages? It would be great to know what other people have structured their real estate as. I've read a lot about this, and people generally say LLC, but I still want to get the opinions of my fellow investors.

The reason I ask this is because I'm planning to start an investment firm of sorts. My personal real estate would be in my name. So I'm asking this question in regard to my future investment firm. 

Thanks y'all! 

P.S Corporation*

Post: What's your cash flow goal?

Caleb L.Posted
  • Investor
  • Georgetown, Tx.
  • Posts 149
  • Votes 69

My long term goal is $7k-$8k a month, mainly single-family. 

For each house I have to receive a 15% annualized return or more. 

Than start buying multi-family for my investment firm.