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Updated over 10 years ago,
S-Corp for Mobile home investing? (s-corp was/is originally photography business)
Hello all!
I currently have a photography business that I run as an S-corp. I recently have gotten the bright idea to attempt to invest in mobile homes here in San Diego Ca. This of course is the result of reading Rich Dad Poor Dad in one sitting. I'm still very new to the idea and I'm really just gathering information.
My question is, since I already have a corporation can I also do real estate business through that? Or would it be best just work as sole proprietor? I just figured since it is already formed, paid for and in good standings, it may be an awesome jump start to getting started with some investments (when the time comes, still have a lot to learn).
I appreciate all of your time and look forward to future conversations.
(feel free to warn me of my own impending doom if you think the MH route in my market is a horrible idea)