Best Buying Practice: Corp, S-Corp, LLC or Self Directed IRA?

[Nate Anderson]

Hi all,

I'm just starting my real estate investor journey. I have a property I'm my crosshairs, but before I pull the trigger I'd like to get some community feedback on the best entity to purchase under for tax benefit and personal protection. I'm currently wholesaling and flipping sfh's and 2-4 flats. Any help would be greatly appreciated. 

Sincerely,

Nate  

[Scott Smith]

There is a lot of general information you can get on BiggerPockets - like this article - but you would honestly want to sit down with an experience CPA and have them give you the pros/cons of your options. There are a million variables that general advice can't account for, so it's best to have someone with more experience walk you through early deals and give you some guidance. I can DM contact info for a good CPA if you want it, just shoot me a message.

This isn't legal advice, just my opinion as a real estate investor.