It reduces your liability risk, effectively separates your assets, and has the tax benefit of pass-through taxation while separating personal money from rental money.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

Yet you want others who have no kids to pay for their education via forced taxation.

Account Closed,It really does depend on your situation and your plan.The biggest problem with a C-Corporation (or LLC taxed as a C Corp) is the double taxation. 

@Jefferson Mcvicker You do not pay capital gains tax on a flip; you pay ordinary income tax plus self-employment tax at the federal level.

The resulting taxation will be the same.

You need to take into consideration CA state taxation that does not always follow the Federal rules.

@Curt BixelBeing a lender is passive activity and will not expose your SDIRA to taxation.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

@Javier CampaniniHow is the title owned for the properties.Do you own them in your own name, do you own them as tenants in common with your partner, do you own them in some type of legal structure.There are a couple of accountants on the message board who specialize in real estate taxation.