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Goals, Business Plans & Entities
Account Closed
  • Reading, PA
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Is incorporating neseccary? And if so, when?

Account Closed
  • Reading, PA
Posted Aug 31 2015, 17:27

Just read chapter four of the UGB. The part I wonder the most about is structuring a business entity. First of all, I'll most likely be getting into real estate by buying a small multi family property. Would it be in my best interest to incorporate( let's say with an LLC)? And if so, would I have to structure the entity right away or could I buy the property as an individual and then incorporate. I'll likely be using an FHA loan and I heard that an LLC can't use an FHA, only an individual. Thoughts?

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