LLC or an S Corp and why?

2 Replies

Hi Victor, 

There are so many factors, it depends what your goals are and what you are investing in. I watched a 5 hour course on how to structure your real estate portfolio and they use FLP, LLC, Trusts, and S Corps all into one master plan. If you are just looking to buy one property that you are going to live in the answer will be different then if you have 10 properties and an apartment complex, etc.

I would ask why they recommend one over the other. I would explain your situation and then ask the question. 

P.S. I would ask a real estate attorney on structure over a CPA (or both). 

-John Hyatt