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Buying & Selling Real Estate

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37
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10
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Justin Bush
  • Contractor
  • Texas Corners, MI
10
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37
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Taking the Plunge!

Justin Bush
  • Contractor
  • Texas Corners, MI
Posted Jul 24 2013, 07:16

I've spent the past few months reading books, listening to the BP podcasts(which are great), and trying to educate myself as best I can and am now getting ready to buy first house for flip. I'm trying to break through some analysis paralysis and have a property in my sites. I've read that for flipping purposes that I should start a S corp, but when I go on the NJ site to start S corp they need Federal Employee ID and NJ corporation number, which I don't have. Do I first just start a business and then register it as an S corp? Does anyone have any advice on things they have been successful with? Any info would be very appreciated.

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