LLC or S Corp

[Rocky Verteramo]

Hi guys! I am new to BP and I am loving it! I was hoping someone could help me out with something. I just bought my first rental property a few months ago and opened up an LLC to put it under. I have been doing my research and I feel that I am going to be investing with a partner with fix and flips. So to get my feet wet, I am in the process of purchasing a cheaper home / reno to understand the process better. So I assumed I would just put the cash purchase of the home under my LLC. Then my bookkeeper informed me I should just put it under my personal name for now and then set up a possible S corp for my fix and flips, since fix and flips will be treated differently.

I have contacted my lawyer and am waiting to hear back on what to do, but with all this experience here I was hoping to get a little insight on your opinions and if it makes any sense!

Thanks guys!