Holding flips vs rentals- best entity setup?

[Dominique Gunderson]

Looking to see if anyone has some entity structure advice for my situation. I currently own an scorp that holds all of my fix and flip projects (this comes out to about 20ish flips per year). I have a couple properties right now that my scorp owns and completed a renovation on, but now I’d like to keep them as rentals instead of sell. 

I know I need to keep the long term holds separate from the scorp flips but wanted to know what’s the best entity to set up for holding the rentals? Should it be a sub entity of my scorp or completed separate? And how do I go about transferring the properties out of the scorp into whatever new entity I set up to hold the rentals? 

Any insight is much appreciated! 

[Dominique Gunderson]

@Sean O'Keefe thanks for the insights! I've seen your responses on several threads on here, do you do paid consultation sessions for people to basically pick you brain on certain business specific questions they have? I am looking to do that with someone who is a tax expert with real estate investors.