Business and tax structure for rehabs
Hello all,
Great forum here. I had a question for which I wanted all the experts' opinions...
For tax purposes (lowest tax possible), what is the best business structure (LLC, Corp, etc) for a rehabbing business? I am ready to set up my business and would like to get some opinions on which structure works best.
Also since it's a slow market where I live, I will also be offering my completed rehabs (that don't sell in a predetermined period) as lease purchase (rent-to-own), or outright hold as rental properties. I will be buying all cash, so holding costs are not such a pressing issue here.
I look forward to reading your replies.
Thanks in advance and prosperous investing to y'all.
ET