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All Forum Posts by: Chai Xiong

Chai Xiong has started 16 posts and replied 301 times.

Post: how do i setup my taxes with my LLC

Chai Xiong
Posted
  • Investor
  • Orlando, FL
  • Posts 312
  • Votes 165

I have a LLC in WY as the parent and the 2 child LLC in different states. I only use them to hold properties.

My lawyer say to file them as LLC and my accountant says to do it as s corp. Lawyer says that s corp is only for flipping and wholesale. So i'm confuse as to what to do.

Thanks in advance