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re: Creating an LLC for beach condo
Posted on 5/8/24 at 2:28 pm to tigers win2
Posted on 5/8/24 at 2:28 pm to tigers win2
I can help a little.
Get a real estate attorney. They did mine here in Georgia.
You will also need a bank account. Before you get the bank account you will need to register with the IRS for an EIN number. I did it online in a few minutes.
I chose to do a partnership which means you can just pay yourself a distribution at year's end.
The default is a partnership if you don't know what to do.
I did this a while back so my information might not be accurate or might be different in my state.
Like I said though, get a real estate attorney to walk you through it.
Get a real estate attorney. They did mine here in Georgia.
You will also need a bank account. Before you get the bank account you will need to register with the IRS for an EIN number. I did it online in a few minutes.
I chose to do a partnership which means you can just pay yourself a distribution at year's end.
The default is a partnership if you don't know what to do.
I did this a while back so my information might not be accurate or might be different in my state.
Like I said though, get a real estate attorney to walk you through it.
This post was edited on 5/8/24 at 2:33 pm
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