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Updated almost 6 years ago,

Sonny Sach's profile image
Sonny Sach's profile image
Sonny Sach
  • Investor
  • from Fort Lauderdale, Florida
  • Member since Aug 17, 2014
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User Stats

78
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8
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Sonny Sach's profile image
Sonny Sach's profile image
Sonny Sach
  • Investor
  • from Fort Lauderdale, Florida
  • Member since Aug 17, 2014
Connect
Sonny Sach
  • Investor
  • Fort Lauderdale, FL
8
Votes |
78
Posts
Starting Out

Silent Partnership - LLC or S corp?

Sonny Sach
  • Investor
  • Fort Lauderdale, FL
Posted

Hi folks,

I have an opportunity to partner with someone to rehab and flip a property and was wondering what is the best way to proceed - open a LLC or S corp? Assuming that either would be better than doing it personally to protect myself and also to lower the taxes on any profits.

Thanks,

Sonny

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