Architect · Philadelphia, PA · Member since 2015 · 46 posts · 33 votes
I'm starting a real-estate investment company and was wondering if anyone has worked with a lawyer to jump through all the hoops to start investing/working legally in Philadelphia, and to just help me know the best ways to structure my business.
I'll also note that this is a little unique because I'm a licensed architect and I'll be using my stamp for some of these projects, so the architecture firm needs to be its own business (and the requirements for that are much more stringent), making this is a little more complicated than normal.
Thanks in advance for any recommendations you can give.
If you are looking to open an architect firm, there are a variety of administrative hoops you need to jump through. Can't say I know anyone in Philadelphia that specializes in it, but I can give you some recommendations if you don't mind working with a lawyer outside the Philadelphia area. You'll also want to work closely with insurance brokers, CPAs, and others to make sure you are on solid ground.
There are also consultants you can hire that specializes in helping professionals open their business. Finding a good consultant might be very helpful since the good ones can handle the bulk of the work for you (versus paying a lawyer to research all the minor requirements).
Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.