Incorporate In NJ Or PA
Hello, i will be flipping houses in both PA and NJ what state would be best to incorporate in and should it be an S corp or C corp, most of the profits will stay in the real estate business to reinvest as i have income from another line of work, until i decide to do real estate investing full time in a few years and then beging taking a paycheck.
some things to consider
which state has the best liability protection?
which state has lower taxes, fees, paperwork etc?
Does PA require workers compensation insurance even if i am the only one in the corporation like NJ requires?
I already pay workers comp for one company do i have to pay it for every company i form?
Anything else im not considering?
Thanks for everyones help.
some things to consider
which state has the best liability protection?
which state has lower taxes, fees, paperwork etc?
Does PA require workers compensation insurance even if i am the only one in the corporation like NJ requires?
I already pay workers comp for one company do i have to pay it for every company i form?
Anything else im not considering?
Thanks for everyones help.

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