To Inc Or Not To Inc ...
I have been thinking about when to incorporate. If I cut a deal before I incorporate, how easy is it to roll existing properties or assets in to a newly formed corporation? Or should I push forward with the corporation before I seriously look at properties? Also, I was wondering if I could roll my personal house in to the corporation because that will be my office and I can deduct some of the payments. Same question with my truck. It will be used for business so do I roll it to the corporation?
Any business majors out there?
The transferring of existing property into a new entity is a commonly asked quesiton. At the bottom of the main forum page, you will find a search button. Go to Advance Search and maybe limit your search to the Legal forum. Do a bit of research and you will find the conversations and maybe even your answer.
I am also sure you can find the question about deducting a home office and your truck.
Brenda