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Updated about 5 years ago,

User Stats

9
Posts
3
Votes
Nicki Hard
  • Flipper/Rehabber
  • New York City, NY
3
Votes |
9
Posts

Purchasing Property Under A LLC

Nicki Hard
  • Flipper/Rehabber
  • New York City, NY
Posted

Hello,

I am new to BP and investing in Real Estate as a whole.

I was told that creating a Holding Company and having a Operating company under that as another LLC is the way to go when I start to purchase property.

What I'm confused about is S Corp vs C Corp and which one is taxed better? Which one should my holding and operating LLC fall under? S or C Corp and why? I would like to pay less taxes so please can someone help point me in the right direction? I would forever be grateful!

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