Contract Work and Real Estate Investing Under an LLC

[Cathy Ries]

I'm in the tech industry and it hasn't been doing well with all of the widespread layoffs going on. However I am seeing that search agencies have been reaching out to me for contract work. Some want it to be 1099 and others want it to be C2C (which would require me to create a LLC or S Corp). I do not know much about this type of pay arrangement but was wondering if there are any potential financial (tax or otherwise) advantages to doing (non real estate) tech contract work AND real estate investing under your own company instead of working a W2 and doing real estate on the side? Contracts were typically 6-12 months long with potential to extend. All of my W2 jobs have been very demanding, leaving little time to do real estate so I'm trying to find a balance between the 2.