Which corporate structure to use? - Posted by steven

import · April 22, 2002, 11:19pm

Posted by Murky on April 23, 2002 at 12:52:43:

What if the venture will be full time? Would an S, C corp or LLC be better in terms of income tax avoidance and/or write-offs for business expenses?? Would it be better to have a different set-up for rentals vs. flips??

import · April 22, 2002, 11:19pm

Posted by steven on April 22, 2002 at 23:19:28:

For real estate rehabing and rental properties, is a LLC better than a C or S Corporation. I will be the only individual involved in this venture.
Also this will be a part time venture.
thanks

import · April 23, 2002, 6:59am

Re: Which corporate structure to use? - Posted by JHyre in Ohio

Posted by JHyre in Ohio on April 23, 2002 at 06:59:53:

Rentals are generally best held in LLC’s, though in some states LP’s are preferable.

John Hyre

import · April 23, 2002, 10:55am

Re: Which corporate structure to use? - Posted by steven

Posted by steven on April 23, 2002 at 10:55:50:

thanks john for you reply, that helps alot!