Tax classification

[Christopher Williams]

Hi all. I'm new to real estate investing and from the Philadelphia area. I recently set up my business using legalzoom. The main function of the LLC will be to flip properties. While I do have a minority partner, I was unsure of the tax classification I should elect. I was told that an S-Corp would be best for my situation, but I wasn't given a clear explanation as to why. Can someone advise me on what's best or point me in the right direction. Additionally, what are the major differences from a pure real estate standpoint? Thank for reading. Chris Williams