Comments on: Intro To Real Estate http://www.jonwaraas.com/intro-to-real-estate/ Make Money At Home with Jon Waraas Fri, 10 Feb 2012 09:48:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Jonathan Waraas http://www.jonwaraas.com/intro-to-real-estate/comment-page-1/#comment-61 Jonathan Waraas Sun, 30 Jul 2006 05:30:00 +0000 http://www.jonwaraas.com/2006/07/27/intro-to-real-estate/#comment-61 Im starting a LLC to protect my real estate assets. Such as the rental property. So I will have 2 companies, one will simply protect my assets the other one will be my form of income. The developer hut inc is a corporation. It cost me 1400 to set it up, the lawyer does everything, he even helps with the corporate meetings and such. Im using the INC for tax reasons, which is helping me so so much. The llc is actually 100$ to set up, but im going to have my lawyer do it, he charges 400$. Its not that difficult to have a lawyer do it, but it is expensive. I wouldnt recoment a inc if u dont make over like 100k a year, a llc would be fine for you if u make less than that... Im starting a LLC to protect my real estate assets. Such as the rental property. So I will have 2 companies, one will simply protect my assets the other one will be my form of income.

The developer hut inc is a corporation. It cost me 1400 to set it up, the lawyer does everything, he even helps with the corporate meetings and such. Im using the INC for tax reasons, which is helping me so so much.

The llc is actually 100$ to set up, but im going to have my lawyer do it, he charges 400$.

Its not that difficult to have a lawyer do it, but it is expensive. I wouldnt recoment a inc if u dont make over like 100k a year, a llc would be fine for you if u make less than that…

]]> By: brandon http://www.jonwaraas.com/intro-to-real-estate/comment-page-1/#comment-60 brandon Sun, 30 Jul 2006 05:23:00 +0000 http://www.jonwaraas.com/2006/07/27/intro-to-real-estate/#comment-60 Here's a question, you are starting an LLC for your realestate investments but what about developer hut "inc". Is it an actual corporation at this point? If so, how difficult/expensive was it to set up? Did your lawyer pretty much take care of everything? Thanks. Here’s a question, you are starting an LLC for your realestate investments but what about developer hut “inc”. Is it an actual corporation at this point?

If so, how difficult/expensive was it to set up? Did your lawyer pretty much take care of everything? Thanks.

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