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Updated over 15 years ago on . Most recent reply

User Stats

97
Posts
20
Votes
Andre Green
  • Investor / Agent
  • NY, NY
20
Votes |
97
Posts

Good Idea or Bad Idea???

Andre Green
  • Investor / Agent
  • NY, NY
Posted

I am getting really close to closing some of my first deals in this new world of being a bird dog and I wanted to know if it was a Good idea or Bad idea to accept a check at the closing made payable to me or should it be in a LLC or Corp name. I was planning on having a company setup either way because this business of Real Investing is my future!!!

Also I was curious to know if money made under an LLC would show on my personal tax return or would the LLC have its own tax paperwork. (I know someone will tell me to ask a CPA but I figured I would ask the experienced guys first :D )

Any and all advice is greatly appreciated!

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