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Updated over 1 year ago,
LLC structures for newer REI
Hi BP Family... this question is for experienced flippers.
Do you have an LLC entity just for you flip/rehab properties? I am looking to form my first LLC and the goal strategy is to be a REI-flipper. Any advice? For the tax educated members: should I struction a out-right LLC or deal with S/C corp for flip properties? From what I've read, regular LLC should be find, just not advised to mix rental and flipping entities. Yes.. No.. Thoughts?
Thank you in advance ;-)