LLC or S-Corporation advice
Hello,
My cousin and I recently got an excellent mentor Stephen Tilton to help us build our capital, guide us on real estate, and connect us with others. I had a brilliant idea the other night. Instead of taking the money and having it directly deposited into my bank account is creating either an LLC or an S-Corporation. I know LLC gets loans easier than INC and S Corp. I'm just wondering what will be better for a partnership with my cousin and me for real estate investing, wholesaling, flipping, etc. I asked my mentor, and he recommended seeking legal advice from a lawyer. He recommends a joint venture agreement between our corporations, but at the end of the day, I would like professional and legal advice on the situation. Thank you