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Best business structure for SFH Flipping in TX
Dear BP Community,
I am looking for some advice on the best business structure for a Property Flipping business soon to be established in Texas. I am reasonably new to the US real estate market and thus would appreciate some expert advice w.r.t the best tax structure, liability protection and generally which structure is more suitable, S-Corp, L.L.C, Series L.L.C, other. This will basically be a one man show (me) so no issues with partners or multiple shareholders etc.
Most Popular Reply
I'm in Texas. LLC is the easiest to manage and one gets all the necessary advantages. I'm a small owner. However, nothing will save you from the property taxes here.