I am hoping to incorporate soon in Iowa (putting finishing touches on business plan).

key=0AnKPMnWAZqGPdHhvY2V2b3RLb0xHQnJVd01EYkY2eUE&hl=en&single=true&gid=10&output=htmlI may make some changes to incorporate a few more things that I've gotten from your sheet.

I am a GC as well and own a construction business, and would like to incorporate this to increase profitability of the investment (paying only "at cost" for all materials and labor).

Now figuring at what point I can make the transition to incorporate HML's into my business is what I'm trying to gauge here...

In my state it is $200.00 vs paying someone else $450 to do the same thing, however if they will set up your "Articles of Incorporation" also it might be worth it.

We do have a property management, and what you just described was what I planned to incorporate.

My wife and I am incorporating our business as an LLC, and hoping this will help us with contractor discounts.

I would say try to slowly incorporate it into your daily routine.

There is books out there that spell it our in detail, but some people just refuse to learn the proper way to run a business.So between the people intentionally not paying taxes and those doing it out of ignorance, that is why big brother is making all of us report.Even as a landlord you should be getting social security number of un-incorporated subcontractors and sending them 1099 when you hit certain spend thresholds.

I go and hijack this topic :), incorporate as a LLC or a corporation in the US is not the problem for me as foreigner.