All Forum Posts by: Kevin Schick

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Kevin Schick has started 9 posts and replied 43 times.

Indiana investor here. I ended up doing pretty much the same thing. S-Corp for buying and selling properties in the short-term, LLC for owning rental property. Both are Indiana entities. The S-Corp I have to handle in my taxes via a K-1. The LLC is disregarded as I am the only member when it comes to my taxes so my rental incomes/losses are just reported via Schedule E.

I forget all of the reasons why but when I looked into this initially 3 years ago the best strategy was S-Corp for shortterm, LLC for holds.

BMR

0 Votes

Originally posted by "4rmgt":

What areas of Indiana are you investing in? I have several deals and properties in NW Indiana.

Currently Bloomington, Anderson, Huntington, Terre Haute.

PM me and let me know what areas you are focused on ...

0 Votes

San Diego based, investing in Indiana rental property and foreclosure resale properties.

> Blue Moon Rising

0 Votes