Updated over 7 years ago on . Most recent reply

2018 Tax Law - C corp or LLC
So I have been thinking about the new tax law and its implications on our fix & flip predominated real estate investment business. Much of the existing information from the pundits will tell you an LLC (taxed either as a disregarded entity or S corp) was the ONLY way to go in real estate. However, with the new tax law it appears to me a C corp may be better suited. We can be taxed on our income at our personal income tax rate and leave any money we want to remain in the company to grow our capital which will only be taxed at the now lower corporate rate, after all business expenses, salaries, benefits, etc. are deducted from the business income.
Please discuss!