S Corporation vs. LLC for house flipping

[Imran Shahzad]

Hello everyone,  I am trying to flip 2 houses this year, buying with hard money loan, completely renovating/rebuilding and selling it. 

My question for bigger pocket community is . What entity be best for this purpose, S corporation vs. LLC

Thank you, appreciate everyone

[Joseph Palmiero]

The benefit of a S Corporation is that you can reduce self-employment tax on your flipping income. You can form a LLC and elect to be taxed as a S Corporation.