Picking the right LLC for flipping and renting out homes.

[Brandon Clark]

Hey guys,

My investing partner and I are getting closer and closer to getting our 1st investment property. At this point we've decided to get a LLC. Is there a "right" or "wrong" entity if we plan on flipping houses and eventually buying some property to hold. I heard on a different forum that a S-Corp or LLC with S-Corp taxing might be the best way to go.

Thanks in advance