www.123-inc.com
Phone: (888) 466-7566
E-mail: info@123-inc.com

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WHY CALL NOW?

If you call now, you will receive the opportunity to speak with one of our Senior Consultants, who can tell you the truth about privacy and ideas you never considered and determine which entity may best for you.

Please call us at (888) 466-7566, and ask for a free consultation.

(888) 466-7566

We will Incorporate Your Business Properly.

Key Points for Certain Industries:

Real Estate: Will the real estate you buy be considered investor property or dealer property? In general, if your intent at the time of purchase is to buy the piece of property to rent out, it is usually considered investor property. If your intent at the time of purchase is to fix up the property to resell it without renting it out, it is usually considered a dealer property. Here are some of the tax differences:

Investor Property	Dealer Property
Intent at time of purchase is to rent out.	Intent at time of purchase is to fix up to resell
Hold for long term	Immediate resale for short term
Income on schedule E	Income on schedule C
Depreciation is allowed	Depreciation is NOT allowed
Rental Income on E, no SE taxes	Rental Income on C, with SE taxes
Can use the Installment Sale	All taxes on profit are due in the year of sale, no matter is sales is all cash.
Eligible for 1031	No 1031 possible.
Income passive, subject to passive loss rule	Loss deductible not limited to passive loss rules.
Can not be used to fund IRA	Income can be used to fund IRA, Keoghs.

Traders: Do you trade stocks in the stock market? Are you considered a trader or investor? This is a key fact you need to know. If you are deemed a trader you will be entitled to business deductions, an investor is not. Also, if you are a trader or investor, a C corporation will be the wrong entity for you. The corporation will either be deemed a Personal Service Corporation or a Personal Holding Corporation. An LLC would be a much better choice.

Internet Business: The Internet is not a free way to avoid paying sales tax if you sell a product. It recommended to speak to a CPA firm that understands multistate taxation and Internet taxation.

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We feel the first step in your new business is a critical one. Which entity is best for you? Please call us at (888) 466-7566, and ask for a free consultation with a Senior Consultant.

www.123-inc.com
Phone: (888) 466-7566
E-mail: info@123-inc.com