Get Real - Choosing Your Entity

Brandon Smith, CPA - Carter and Co.

So many people have questions about what type of business structure they should set up before they begin to invest in real estate. There are two sides to the story; tax consequences and asset protection. Brandon Smith was kind enough to visit with us this week to explain the tax relelvant issues related to choosing a business type. This is an indepth conversation that explains just how the business structures work depending on the type of investing activities you take part in.

Because this was such an information rich conversation we decided to have a transcript made of it. Sign-up for our email list to get a free copy of the transcript once it is ready.

Listener Email

Leonard, VA - What type of financing should you get when buying a pre-foreclosure property.

**We addressed a very import issue with ownership financing that has become important in the last couple of weeks.

How do you know what the mortgage is on a property? We thought we slipped that by everyone last week but you all are smarter than that.

Nate, GA - What type of insurance should you get to rehab a property.

Walter, FL - Walter sent a picture he took on his last visit to the Big Easy. It is a different type of market down there.

Dare to be Dumb

Our first full week working at home together and there hasn't been much of talk of porce yet. We spent some time working on marketing as well as a good day at the courthouse doing research.

Upcoming Shows

We have quite a few shows coming up that are centered around rehabbing properties the right way and how to get the most for your money. These are episodes you don't want to miss even if you don't plan on doing big rehabs the project management aspect is crucial for any real estate business.

Bubble-Proofing Your Investments

Andy Heller was on our Spotlight on Education this week. His style of investing has become very hot in the major media lately because of concerns about a declining real estate market. If you haven't listened yet go back and take a listen. If you have friends or family that are considering real estate as an investment do them a favor and send them the link to the show.

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Until Next week...Get Real

Judson and Lynn

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tags real estate investing, foreclosure, entrepreneur, investing, mortgage, real estate, housing bubble, podcast