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Updated over 6 years ago,
LLC that is taxed as a S-corp
Hello all, I'm into a rental properties and just got a LLC that taxed as S-Corp. So is that mean/refer to as "LLC" or as "S-Corp"?
After reading through posts about business entity, and all saying "S-corp is indeed a bad idea for rentals" I think I made a mistake on my legal entity for rentals. Can someone please walk me through on this, will talk to my lawyer next week, just like to know more and make things clear. Thanks.