Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 1 year ago on . Most recent reply

User Stats

3
Posts
1
Votes
Christian Solis
  • Tampa, FL
1
Votes |
3
Posts

Choosing my business entity

Christian Solis
  • Tampa, FL
Posted

What business entity should I should I structure my fix and flip business and what are some tips I should should keep in mind so me and my partner are protected ? 

Most Popular Reply

User Stats

8,655
Posts
3,965
Votes
Basit Siddiqi
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
3,965
Votes |
8,655
Posts
Basit Siddiqi
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Accountant
  • New York, NY
Replied

I always advise to run a business for 3-6 months without an entity to see if it something you are making money in and something you want to continue doing.

Once you have 3-6 months of activity, you have more information to provide to an accountant regarding income so he can provide suggestions on entity type.

Best of luck

business profile image
Basit Siddiqi CPA
4.8 stars
77 Reviews

Loading replies...