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Tax, SDIRAs & Cost Segregation

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Tanya Jayakom
  • Real Estate Investor
  • Los Angeles, CA
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LLC vs LLC treated as S-Corp

Tanya Jayakom
  • Real Estate Investor
  • Los Angeles, CA
Posted Jul 24 2014, 12:14

Hi Everyone!

My name is Tanya and I'm a newbie in RE Market. I'm planning on setting up an LLC for my wholesaling/flipping/creative financing business. I've read some Guru's books talking about LLC treated as S-Corp. And I'm not quite get the differences between LLC and LLC treated as S-Corp.

Here are my questions:

1. What is(are) the difference(s) between these two?

2. Pros and Cons of both?

3. What are the cost of both?

4. Due to my investing purpose (wholesaling/flipping/creative financing), which one I should go with? LLC or LLC treated as S-Corp?

Your answer will be greatly appreciated!

Happy Investing! 

- Tanya :)

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