Business Owners

[Cred]

Originally Posted by Diode

Form an LLC to protect your personal assets from liability.

You're too small to incorporate and an S-Corp makes no sense in the real estate market as you carry a ton of liability and could be sued out of existence.

Should only be a couple hundred dollars worth of lawyer forms.

Figured that much when it came to the liability aspect. Seen some others say the whole opposite so it confused me like wtf fuck google lol

But yeah, $807 worth of lawyer forms here in Illinois for the LLC is what I’ll be looking at, not to bad.