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Tax, SDIRAs & Cost Segregation

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Nick Walters
  • Real Estate Investor
  • Youngstown, OH
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Do I need and attorney, REI specialized CPA, or both?

Nick Walters
  • Real Estate Investor
  • Youngstown, OH
Posted May 25 2016, 12:00

Hi there! My father and I just purchased our first house, all cash deal. We are looking to flip the house for profit. We did use the 70% rule, and it passed by a good margin. 

Now, we are wanting to know if we should establish an LLC or not, and if so do we contact a tax pro who knows REI, an attorney, or both? Maybe none of the above?

Wanting to learn as much as I can! Any and all advice is appreciated! 

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