LLC vs. S Corp for Wholesaling?

[Brenda Allen]

Hi All,

Many years ago when I first started rehabbing and wholesaling, my CPA told me that the S Corp. was the best option for my business entity. I went with his recommendation, but now it seems like everyone I see in the business is running as an LLC.

Just trying to get some feedback as to why the LLC vs. the S Corp. Any and all information would be appreciated.

PS. I am in Maryland.  Thanks!