Updated almost 15 years ago on . Most recent reply
LLC or Corp
What is the best corporation to set up whe investing in multi family units?
Most Popular Reply
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.