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Updated almost 10 years ago on . Most recent reply

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4
Posts
1
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Matthew Wahlstrom
  • Real Estate Agent
  • Warrenton, VA
1
Votes |
4
Posts

LLC

Matthew Wahlstrom
  • Real Estate Agent
  • Warrenton, VA
Posted

Hello guys,

I am a licensed Realtor in VA and DC. I just started last August, and this year will be my first full year in the business. Until now, I have yet to pull the trigger on getting an EIN number and creating an LLC. I just wanted to ask if anyone has any recommendations on some specifics of what I should register as, and any other potentially useful aspects of setting this up that I should consider. I also plan on flipping and buying rental properties in the near future to create that passive income. Can I keep these things under the same LLC, or would I want to register them completely separately? I think the answer is separately, but I just thought it was worth asking.

Cheers,

Matt

Most Popular Reply

User Stats

5
Posts
1
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Wilberto Corre
  • Tucker, GA
1
Votes |
5
Posts
Wilberto Corre
  • Tucker, GA
Replied

I am also in a similar situation. I'm just starting out in REI and I plan on doing a little flipping and renting. I planned on separating them into two entities.

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