Posted by JHyre in Ohio on April 06, 2002 at 16:23:50:
Never heard of “a foundation” doing business.
John Hyre
SEP taxes - Posted by joeb
Posted by joeb on April 02, 2002 at 15:30:51:
From reading the archives and such , I learned that you can avoid SEP taxes by starting a corp. or an LLC when flipping properties.Can you avoid the SEP tax if you are working a full
time (or part time job?). Also ,what does LLC stand for?
Re: SEP taxes - Posted by JHyre in Ohio
Posted by JHyre in Ohio on April 03, 2002 at 05:38:37:
An S-corp, C-corp or Limited Partnreship can help reduce SEP taxes on flips…an LLC probably will not. The best entity for you depends upon the details of your personal situation.
John Hyre
Re: SEP taxes - Posted by Tom
Posted by Tom on April 03, 2002 at 12:06:48:
Will a foundation eliminate all tax on flips?