Legal Structure for Rental & Wholesale Operations
I own 9 rental houses which cover all of my living expenses. Along the way of acquiring those, I sometimes came across a deal that wasn't for me, so would wholesale it out to a friend or another investor. I'm considering going into real estate full time.
I already have my rentals wrapped up in an LLC, but if I were to start wholesaling more would I wrap that into the same LLC or should I start a separate entity? If I should keep them separate, should that also be an LLC, S-Corp or something else?