Business Entities for Real Estate Investors

LLCs, Corporations, and Partnerships Explained

If you’re buying a property just to live in, you don’t need to worry much about business entities. But if you plan to buy rentals, flip houses, or hold multiple properties, you’ve officially stepped into the world of business — and that means you need to treat your investing like one.

In this lesson, Doc shares his street-smart perspective from 30+ years of real estate experience on setting up your business the right way. You’ll learn how to protect yourself, stay organized, and create a strong foundation that helps you grow as a real estate investor.

What You’ll Learn in This Lesson

• The pros and cons of sole proprietorships, partnerships, corporations, and LLCs
• How to protect your assets and reduce risk
• What you need to open a business bank account (EIN, filings, etc.)
• Why proper business setup is crucial to long-term investing success

Doc walks through each entity type step by step, including:

• Filing a fictitious business name for a sole proprietorship

• How to form a partnership (and why you’ll want a lawyer’s help)

• Filing with your Secretary of State for corporations and LLCs

• The role of EINs (Employer Identification Numbers)

• Setting up the accounts and systems you’ll need to operate like a real business

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A Quick but Important Note

Doc is not a lawyer or CPA — and he’s clear about that. This lesson is about street-smart investing advice, built on decades of experience. For legal or tax specifics, always consult a professional.

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