1031 flips? and business structure
Hello BP!
Two questions: can you 1031 a house that you have flipped into your next flip?
and also what business structure is best for someone who plans to do a few flips to build capital for B/H MFR properties?
I know LLC is the automatic answer, but why do people not use S or C corp? would they not provide lots of opportunities for tax deductions that an LLC cannot provide?
Thank you for any insight.
Also, if there are any helpful articles directly related to the subject please point me towards them!