Posted by JHyre in Ohio on April 03, 2002 at 05:55:33:
Depends on the details of your personal situation…usually use C-corp, S-corp or LP to minimize social security taxes.
John Hyre
Dealer status seems inevitable… - Posted by Robert Rogers
Posted by Robert Rogers on April 01, 2002 at 10:10:58:
Since dealer status seems inevitable if you are buying then selling properties, what is the best legal structure way to handle taxes on total profits on installment sales?? Either the individual or the corporation has to pay the total tax, is that correct??
Thanks in advance for your reply,
Robert