rental portfolio held in S corp with new tax law?

[David Besins]

I am starting to build a rental (mostly multi familly / commercial) investment portfolio and was wondering if I should put them into LLC (single member) or elect for S-corp.

I understand before the new tax law LLC was easier with no salary requirement but with the new pass thru using 25% of W2 + 2.5% all rental would qualify for the full 20% deduction (being over a certain threshold of income you are required to use some formulas and cannot take the full 20% automatically).

I estimate the profit for the portfolio to be in 250-400K (without any salary taken out).

What do you guys think?

What are you guys doing?

Thank you