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Updated over 8 years ago,

User Stats

4
Posts
4
Votes
Mike Brabham
  • Rock Hill, SC
4
Votes |
4
Posts

LLC vs. S-Corp?

Mike Brabham
  • Rock Hill, SC
Posted

As a new investor, I haven't formed my legal entity yet. I have owned several businesses in the past and have always been advised by attorneys to form an LLC. and CPA's always advise an S-Corp due to tax advantages.

I am noticing that nearly everyone I've interacted with on BP has an LLC structure.

Are LLC's more real estate friendly? If so, why?

Not looking for legal/tax advice just curious why so many elected to go with LLC.

Any comments or thoughts would be appreciated!

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