Buying a SFH could benefit you too. 

It's a cool way to learn, build equity, and score tax benefits.

I'm interested in setting up either an S-CORP or LLC, but want to make sure i make the right choice so that I can secure the best tax benefits, while also setting myself up to get into the next investment. 

Keep in mind that the $625,000 pulled out is non-taxable because it technically a lone and actually has tax benefits.

These state credits can sometimes be used in conjunction with the federal credit, further enhancing the financial benefits of rehabilitating historic properties.Application Process: Applying for historic tax credits can be a complex process, involving approval from both federal and state agencies.

Grow your network and see where you can offer a benefit to others.

LLC’s have no tax benefit, no privacy benefit, and virtually no liability protection.  

Now, comparing a Living Trust and an LLC for commercial property:For a Living Trust, the pros include estate planning benefits and no immediate impact on property taxes.

I’m hoping to network with the many real estate professionals in this forum to gain as much knowledge as possible from this community!  

@Dominick Preyer, I'm not a lender, and I suggest you speak with one to gain further insight.