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Andrey Y.
  • Specialist
  • Seoul Korea | Honolulu, HI
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Registering as a business or no?

Andrey Y.
  • Specialist
  • Seoul Korea | Honolulu, HI
Posted Nov 15 2014, 15:49

I haven't come across this specific issue on the forums as of yet, so I thought to discuss it. What's the consensus on is you own rental properties, should you officially be registering some sort of business? Knowing lots of folks who have income properties, I am sure they don't have a Inc., LLC or any sort of business or name. Then I see that some people do. I think taxes will be payed/filed the same either way.