Should I open some type of LLC or Corp

[Raj G.]

Hi, I just bought a two unit home, I live in one unit and another unit on rent, Me and my wife are in Job on W2, I am also planning for some private lending.

Can someone please advice like I have 3 sources of Income 1 W2 salary 2. Rent 3. interest from private lending.

so, should I open an LLC , S-corp or something else, if yes then what type of entity.

also should I use the same entity for renting income and interest income from private lending or each should have their own entity.

what is best way to handle my situation...Thanks in advance.