Nathan Payne explains why real estate investors need a properly structured LLC to avoid legal problems. He recommends Prime Corporate Services, which handles taxes for investors like Pace Morby and helps build business lines of credit. Payne switched accountants after his previous one didn't understand wholesaling.
Setting up your LLC the right way is extremely important in this industry, and that's why we recommend Prime Corporate Services. If you haven't heard of them, they do the taxes for large real estate investing companies like Pace Morby and others. Now guys, if you haven't set up your LLC yet and you're new at this business, you need to get it set up the right way legally so you're not running into any issues as you start wholesaling and fixing and flipping. If you are experienced and you don't have anyone to do your taxes where you feel confident, they also do taxes. And they also help you build up your business line of credit in case, you know, you need to get money, more money for investing. So Prime Corporate Services, guys, it's really awesome. I used to have a tax accountant that I'm no longer with because when I first started, she didn't know what wholesaling was, and I didn't want to mess around and, you know, have her do my taxes wrong. So definitely you want to line yourself up with— especially if you're beginning, it's great to start with them. I know the owner, he's an awesome guy. So please check out Prime Corporate Services. That's the one I recommend for all your tax needs.
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