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Updated almost 5 years ago, 01/21/2020
S-Corp or Land Trust for flipping
Hi Everyone,
I'm looking to get started flipping houses out of state with partners. Before I talk to my CPA, I was wondering what was the most common method for asset protection for flips? I have seen many who use land trusts and others using S Corps.
I know there are probably pros and cons to both, but I was wondering what the most common method was, and why?
Thanks!