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Updated 6 months ago on . Most recent reply

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Kimberly Mcevoy
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Business structures ideas

Kimberly Mcevoy
Posted

Hey there. When we started slowly one house per year or more we just paid a capital gains tax in a single member LLC, but now we are much busier and switching to C-corp LLC and Just wondering how flippers are structuring each job? It's been suggested to us to create a new LLC for each project and i am getting lost in the weeds with individual bank accounts and such. Anyone have a simple way to help structure our portfolio of flipping business, STR, LTR, and developing vacant land too. Any input would be great. Kim

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