LLC or Corp

[Mario J Perez]

What is the best corporation to set up whe investing in multi family units?

[Will Barnard]

Jason,

What tax benefits exist with an LLC? It is a pass-through entity and as such, any profits (or losses) are passed directly to yoru personal return via a K-1

I agree that an LLC is best for holding, but an S-Corp is better served for flipping and for a larger profits business as you can have some of the profits earned via dividends which is taxed at a lower rate. You can not do that with an LLC unless you have that LLC taxed as an S-Corp.