Corp. Vs LLC
I would like to start a company by rehabbing houses. I am just in the first stages of putting things together like a business plan. SHould I start a Corp. or LLC? Would a corp. purchase the property with the same type of loan a home owner would or are there special types of Loans for Corps. Any information would be appreciated or any online sites you can point me to .
Thanks
I recommend you talk with a real estate and tax atty, as well as your CPA. Everything i do associated with real estate i do via an LLC. Even with having an LLC or even an S or C corp you will be personally liable for the loan.