Updated almost 6 years ago on .
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Purchasing Property Under A LLC
Hello,
I am new to BP and investing in Real Estate as a whole.
I was told that creating a Holding Company and having a Operating company under that as another LLC is the way to go when I start to purchase property.
What I'm confused about is S Corp vs C Corp and which one is taxed better? Which one should my holding and operating LLC fall under? S or C Corp and why? I would like to pay less taxes so please can someone help point me in the right direction? I would forever be grateful!
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I would suggest that you start watching all the videos on this youtube channel. There are a few lawyer's names that came back often on this forum, I am not recommending anyone but I would suggest that you use their free consultation offers to decide which one will be the best fit. As I said before, to make the most of it, I would highly recommend that you educate yourself on the subject first.