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Tax, SDIRAs & Cost Segregation

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Tony Bandinelli
  • Burt, NY
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Capital Gains and Business Entities

Tony Bandinelli
  • Burt, NY
Posted Jan 31 2015, 18:50

Hello everyone, I am trying to get somewhat of a plan together before I jump into this. If I have no business entity at all and buy a house in my name and do a flip, how would the capital gains tax hit me? Versus if I had an LLC, S-corp/C-corp or even a DBA? I am just starting out, so should I even make an entity at this point?

Thanks for your help!

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