Comments on: Which is the Best Business Structure for Real Estate Investors? http://www.biggerpockets.com/renewsblog/2009/04/08/business-structure-real-estate-investors/ Learn, Network, Invest Sun, 22 Nov 2009 23:13:19 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: Eddie Ziv http://www.biggerpockets.com/renewsblog/2009/04/08/business-structure-real-estate-investors/comment-page-1/#comment-66837 Eddie Ziv Mon, 13 Jul 2009 00:58:13 +0000 http://www.biggerpockets.com/renewsblog/?p=4902#comment-66837 Many on the BP forums and who have been in the REI business for sometime advocating and opting for a beefy insurance policy ($500,000 -$1M) as oppose to creating an entity. What is your take on it? Many on the BP forums and who have been in the REI business for sometime advocating and opting for a beefy insurance policy ($500,000 -$1M) as oppose to creating an entity. What is your take on it?

]]> By: Joshua Dorkin http://www.biggerpockets.com/renewsblog/2009/04/08/business-structure-real-estate-investors/comment-page-1/#comment-64962 Joshua Dorkin Thu, 09 Apr 2009 15:14:45 +0000 http://www.biggerpockets.com/renewsblog/?p=4902#comment-64962 Diane - Greg wrote a post about just that topic last week, which you can check out at: <a href="http://www.biggerpockets.com/renewsblog/2009/04/02/bit-zen-business-business/" rel="nofollow">A Little Bit of Zen: You Own the Business But The Business Is Not You</a>. Diane – Greg wrote a post about just that topic last week, which you can check out at: A Little Bit of Zen: You Own the Business But The Business Is Not You.

]]> By: Diane Menke http://www.biggerpockets.com/renewsblog/2009/04/08/business-structure-real-estate-investors/comment-page-1/#comment-64955 Diane Menke Thu, 09 Apr 2009 12:27:23 +0000 http://www.biggerpockets.com/renewsblog/?p=4902#comment-64955 Another mistake I have frequently seen is the mixing of accounts. Keep corporate entity accounts completely separare from each other and yourself. Another mistake I have frequently seen is the mixing of accounts. Keep corporate entity accounts completely separare from each other and yourself.

]]> By: Greg Boots http://www.biggerpockets.com/renewsblog/2009/04/08/business-structure-real-estate-investors/comment-page-1/#comment-64952 Greg Boots Wed, 08 Apr 2009 19:58:51 +0000 http://www.biggerpockets.com/renewsblog/?p=4902#comment-64952 David, There are certain transactions that it is better from a tax perspective to either have a corporation or an LLC taxed as corporation. The prime example is wholesaling properties. There is no doubt that corporations generally require more paperwork. However, whether or not a corporation is more expensive really depends on the state. There are several states that charge several hundred dollars more to maintain an LLC as opposed to a corporation. David,

There are certain transactions that it is better from a tax perspective to either have a corporation or an LLC taxed as corporation. The prime example is wholesaling properties. There is no doubt that corporations generally require more paperwork. However, whether or not a corporation is more expensive really depends on the state. There are several states that charge several hundred dollars more to maintain an LLC as opposed to a corporation.

]]> By: David K http://www.biggerpockets.com/renewsblog/2009/04/08/business-structure-real-estate-investors/comment-page-1/#comment-64947 David K Wed, 08 Apr 2009 17:59:05 +0000 http://www.biggerpockets.com/renewsblog/?p=4902#comment-64947 What would the advantage be of establishing a corporation. It seems to me like it is overly expensive and cumbersome. What would the advantage be of establishing a corporation. It seems to me like it is overly expensive and cumbersome.

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