LLC vs Corporation - Posted by Erin

Posted by JHyre in Ohio on December 18, 2002 at 21:53:22:

http://www.creonline.com/articles/art-202.html

LLC vs Corporation - Posted by Erin

Posted by Erin on December 18, 2002 at 21:29:35:

Hello, My questions:

What is the benefit/disadvantages of having a C Corporation for holding rentals?

If I set up a LLC and later I retire, can I use the LLC to pay for health care benefits?

I am very confused. The idea right now is to buy properties to rent and hold. I do not want
to flip properties. I am confused as to which entity would be best. We also want to do property management
later, should I start the corporation for that and use the LLC to hold title to the properties?

Help!!

Erin