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John Walter
  • New to Real Estate
  • New Jersey
63
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124
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Corporation vs LLC vs Nothing?

John Walter
  • New to Real Estate
  • New Jersey
Posted Mar 16 2020, 14:14

I'm finally getting around to reading the acclaimed 'Rich Dad, Poor Dad' book, as everyone always recommends it. In the book, it discusses starting out establishing a corporation for yourself, as a corporation is nothing more than a file in a desk, but the benefits and tax savings can be massive.

I have heard a lot of debate between deciding between an LLC vs simply insurance, but are there really benefits to starting a corporation for yourself, or is this part of the book a bit dated?

Thank you, BP!

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