A few questions...

Bird Dogs, Wholesaling
1

Hi,

I’m looking for attorney resources to create and LLC in GA.

  1. Once I have my LLC, what are the benefits of an S-Corp in addition to an LLC?

I will also need a good CPA in GA.
2) Do you have a list of reputable CPA’s that truly understand investor’s concerns & needs?

  1. I’m looking to build an Excel type worksheet to help me know if I’ve found a real deal (number chrunching steps, if you will). Will you share the worksheet that you use?

  2. When can I obtain various contract templates?

Thank you,
SPC

2

<<[b]I’m looking for attorney resources to create and LLC in GA.

  1. Once I have my LLC, what are the benefits of an S-Corp in addition to an LLC?[/b]>>

Conventional wisdom: Buy and hold in an LLC, flip/wholesale with the S-Corp.

<<3) I’m looking to build an Excel type worksheet to help me know if I’ve found a real deal (number chruching steps, if you will). Will you share the worksheet that you use?>>

http://www.reiclub.com/forums/index.php?board=29;action=display;threadid=11527

<<4) When can I obtain various contract templates?>>

Get contracts from a local Realtor or your lawyer

Are closings in Georgia still handled by attorneys rather than by title companies?

Keith

3

i know of a good corporation attorney in Atlanta

I hope it’s okay to post his number here

Ryan Isenberg
770-351-4400
www.Isenberg-Hewitt.com

Dan

4

Don’t make the mistake a lot of new investors do & set up an S-Corp too soon, it will cost more $$$ than it’s worth. My CPA told me not to set up an S-Corp unless I was going to net at least $25000
Starting with an LLC is a good idea. You only have to file taxes yearly instead of quarterly like a corp