I am looking for a CPA and Attorney to assist with setting up the proper business structure for a Fix and Flip Strategy. Someone who focuses on real estate related matters is important to me. I am looking to minimize taxes and maximize asset protection. This will not be a single person entity, and flipping will be what I am doing full-time.
Thank you so much for your recommendations for those people you have used in your business.
Have a fabulous week!
It is great being a real estate agent or fix and flip professional now with qualified business income deduction(199A).
You should consult with an accountant who is familiar with how that pertains to your business.
Are you open to working with an accountant outside of California? You open yourself to more accountants who specialize in real estate taxation if you are open to the idea.
If this is not a single-person entity, you may want to find an accountant is familiar with partnership/S-corp taxation depending on the entity you form to choose.
I have several names for you in the San Diego area if you're willing to work remotely. Shoot me a PM if so.
@Holly Birchall, I'm a real estate attorney in Orange County and can discuss your real estate needs and intentions, if desired.