In most cases, I would not recommend a sole p for the purpose of liability and taxes. Setting up a corporation may be costly at first, but it does offer the most flexibility and protection.
I would recommend getting a bit of consulting with CPA or Financial adviser in your area. Different states also have different rules to setting up a corporation. If you are in Los Angeles area, I could set up an appointment for you in the firm I work at. If not, look into Yelp. |