Corporation or LLC ??

[Andrew B.]

I have invested in a few properties and would like to start stepping up the amount of flips per year. Im at the stage where i need to form either a Corp or LLC and am not sure which is the better route. I have a hard money lender whom i have used to purchase 2 properties, which he would invest in 50-70% of the price and hold the note to the property- like a mortgage. Does a Corp or LLC work better when working this way. I will be doing a the next few with my own capital, but will def need a investor or hard money lender down the line. Does one of those options help if there is ever an accident with a sub, in terms of me getting insurance or having my personal finances separate from my business? Im trying to make my CPA's life easier at the end of the year, but def need guidance! Thanks