S-Corp is it worth it?

[Garrett Bailey]

I currently own 4 duplexes and 1 sfh as a sole proprietor. I’m wondering what the tax implications are if any for adding all under an sCorp. Is it worth it? Thank you, Garrett

[Michael Plaks]

Originally posted by @Garrett Bailey:

I currently own 4 duplexes and 1 sfh as a sole proprietor. I’m wondering what the tax implications are if any for adding all under an sCorp. Is it worth it?

Thank you, Garrett

Not only it's not worth it, it can backfire big time. S-Corps are not suitable for rentals.