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Jim Burnard
  • Involved In Real Estate
  • Sutton, MA
5
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18
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LLC and S-Corp or no.....?

Jim Burnard
  • Involved In Real Estate
  • Sutton, MA
Posted Sep 8 2014, 13:12

Hi Everyone,

This is my first post and I'm very happy to have found this community!  I'm a wannabe investor... just gathering info at this point but I'm determined to make this happen.

Anyway, my question is, I read somewhere that if you have an LLC or S-Corp set up for tax purposes then you don't qualify for a certain loans such as FHA... is this correct?

I had planned on setting up an LLC and then being taxed as an S-Corp but I'm wondering if that will make financing more difficult for me especially just starting out.  Any thoughts are very much appreciated!


Jim

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