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Hi @Craig Cahail ,
If you are a long-term buy and hold investor, you probably do not want your properties in a corporation. At most (depending upon your situation), I would recommend having it in an LLC.
However, if you are more interested in fix and flips or new development, I would recommend setting up an S-corporation, or possibly an LLC and an S-corporation depending on how long you plan on holding the land before starting to do any work.
I am not in the Seattle area, but I would be happy to talk to you about tax strategies if you want to PM me.
@Craig Cahail I wish I would have connected with you sooner! I just did a presentation last night for the Washington Real Estate Investors Club about Taxes for Investors.
I'm in the Seattle area and work exclusively with investors, feel free to reach out with your questions or visit my website to set up a call. I also have referrals for 2 fantastic local REI attorneys who can help you as well. Feel free to PM me for their information.
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