Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 5 years ago,
Best way to form RE partnership to flip homes
Hi, My friend/business partner are going into business together and wondering what the best vehicle to use to form the business. Our plan is to find our first property, flip it, and use the proceeds to flip our next property. I know there are advantages to an LLC but not sure what the primary advantages are. I've also read about an S-corp but unsure if this would be beneficial to us as a partnership. Any suggestions would be helpful. TIA.