Flipping Property in S-corp

[Seidy Lasker]

If someone is a "real estate dealer" and can't report profit as short term gains from developing or flipping property, then wouldn't the best option be to buy and sell through an S-corp since they're a business?

[Joseph Palmiero]

A S-corp could be a good option in your situation depending on how much income you are generating from the sales. This would help you reduce self employment taxes. It does come with administrative costs such as filing a seperate S-corp return and setting up payroll. You have to do a cost benefit analysis on how much you save in SE tax vs. the additional administrative costs. Keep your buy and holds in a separate LLC with its own bank account and set of books.