Posted by William Bronchick on November 24, 2001 at 20:49:12:
C corps don’t allow pass-through of losses. If all of your income from C corp is rental (passive income), you are subject to personal holding tax, which is in the high-30’s% range.
Can I use a C Corp for rentals and flips? - Posted by mike
Posted by mike on November 24, 2001 at 15:49:50:
I’ve read that you should keep rentals in an LLC and flips in a C or S corp. What’s the downside to keeping both types of properties in a C Corp?