Starting Up LLC or S-Corp In Northeast Ohio
Hey BP! After a bunch of reading here on the forums and blogs and countless books, I've decided that I like the idea of incorporating either with an LLC or S-Corp or perhaps another entity for the added level of personal asset protection. I know for sound legal and tax advice I need to talk to both a CPA and an attorney. My questions are these:
1. I'm still unsure what type of legal entity would work best for me. My wife and I are planning to start off with rental properties. Would a CPA or an attorney be better suited to cover/explain the advantages and disadvantages of LLCs vs. S-Corps vs. other legal entity options?
2. Can anyone recommend some questions I should ask this professional to get the most out of my meeting?
3. Can anyone recommend a good CPA or attorney in Canton, Akron, or Cleveland Ohio?
Thanks in advance everyone for your input!
-Tom
Most Popular Reply
We have used a few different accountants as we have grown our business over the years. We have been using Jeff Craft CPA, from Canton for a few years now.
Exceptionial accountant, entity structure, tax strategy advisor, works with quite a few real estate Iinvestors locally. Also owns rental properties and has experience in rehabbing.
http://www.jcraftconsulting.com
May be worth a free consult.
Good luck in your endeavors.