LLC or Corporation?

britboy40 · #1 Feb 25, 2007, 04:19 PM

I am starting a real investment company with a partner. We will buy homes and renovate them for sale. We will not be performing the repair work ourselves and will utilize capital money from private investors.

Should we set up our firm as an LLC or a S-corporation? There will be instances where we will team up with other investment groups or investors.

Please advise.............

shaoshihao · Feb 25, 2007, 09:30 PM

Quote:

Originally Posted by britboy40

I am starting a real investment company with a partner. We will buy homes and renovate them for sale. We will not be performing the repair work ourselves and will utilize capital money from private investors.

Should we set up our firm as an LLC or a S-corporation? There will be instances where we will team up with other investment groups or investors.

Please advise.............

I MEET THE SAME THING AND WONDERING A GOOD ADVICE.

DO I HAVE THE FORTUNE THAT BRITBOY40 WOULD SEND MESSAGE TO ME AT [email address]

AS SOON AS HE CAN GET A GOOD THREAD? APPRECIATE.



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