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Hey everyone...

Been lurking on the board for a few weeks. Very impressed with the amount of knowledge and expertise that is in this board!

I work in a manufacturing facility (i'm in finance) and i'm getting my feet wet in RE. Looking to start with a few rental properties with some cash flow, but my plan is to invest long term and grow into some larger multi-family properties.

I did post a question in the Taxes forum about forming an LLC vs S-Corp, so if anyone has any knowledge in that area, please check that out.

Thanks for all the info and i look forward to reading/learning and interacting in the forum.

Thanks,

Kelly

I'm looking to start a company with two family members (cousins) for long term real estate investments in rental properties.

We are trying to determine whether a LLC or S-Corp would be a better fit. Initially any cash flow would stay in the business.

We plan on meeting with an accounting and lawyer but I'd like to find out what other people on this board are using to protect themselves and shelter taxes/income.

Any input is greatly appreciated.

Thanks,

Kelly