![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1911092/small_1702151428-avatar-mirandag14.jpg?twic=v1/output=image&v=2)
7 September 2024 | 9 replies
Talk to your CPA / Financial planner about this option as it does carry risk!
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/449417/small_1621477155-avatar-evannwrsd.jpg?twic=v1/output=image&v=2)
7 September 2024 | 11 replies
Some properties will require different rehabbing than others, but we will stick as closely as possible to the system we have in place for ALL properties.TEAMS AND SYSTEMS In time, our team will grow to consist of the following: Agent/Broker CPA Lawyer Escrow Officer/Title Rep Insurance Agent Property Manager Handyman Private Lenders/Equity Partners ContractorsWe will follow the same rehab plan for all properties, as closely as we can, in order to streamline all decisions and maintain the desired budgets for each property.EXIT STRATEGIES AND BACKUP PLANS Our foremost exit strategy will be to sell the property once it has been rehabbed.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/185151/small_1621431732-avatar-juddcampbell.jpg?twic=v1/output=image&v=2)
7 September 2024 | 9 replies
Ask the cpa Firm.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2319136/small_1738285108-avatar-andrewk581.jpg?twic=v1/output=image&v=2)
6 September 2024 | 7 replies
I live in the Nashville area, currently work in corporate finance and have my CPA.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3093694/small_1723054280-avatar-ryanp880.jpg?twic=v1/output=image&v=2)
6 September 2024 | 9 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1155694/small_1621509691-avatar-brianj167.jpg?twic=v1/output=image&v=2)
9 September 2024 | 22 replies
Any CPA worth it would tell you never to do that.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/500312/small_1621479512-avatar-cleomentes.jpg?twic=v1/output=image&v=2)
6 September 2024 | 13 replies
You need a great commercial agent on your team, a cpa who specializes in land development, a great architect, a surveyor who can do your short plats, a great dirt and underground utility guy, and a great permit specialist.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/321266/small_1695230779-avatar-victorlavigne.jpg?twic=v1/output=image&v=2)
4 September 2024 | 11 replies
Hopefully a CPA can chime in here, as they would be the only ones qualified to weigh in confidently.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/117030/small_1621417665-avatar-swoopusa.jpg?twic=v1/output=image&v=2)
5 September 2024 | 14 replies
I think it is best with a solo(k) to take it to the next level and work with a professional such as a CPA or your advisor, to ensure that all your transactions are proper and are not considered prohibited.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3084974/small_1721930042-avatar-marcusw213.jpg?twic=v1/output=image&v=2)
4 September 2024 | 6 replies
Why are you asking us instead of your CPA?