As a general rule:If your LLC is flipping properties, then S-corp is probably the better choice.If your LLC is a residential rental activity, then partnership is probably best.Both tax treatments pass the net income or net loss through the LLC to the individual members/partners.

After all, parties, expulsion from housing, drugs, most insurance companies have enough headaches and experience not support investors. 

I had a question and was going to post it here before talking to my CPA. We have a house we took subject to the existing financing earlier this year. At the end of this year, I assume the previous owner is going to re...

The tax treatment is entirely different, just as it is different investing in stocks with taxable and non-taxable funds.The real question to ask as an investor is this: "If I understand real estate as an asset class, can I generate better results for my tax-sheltered retirement savings than if I left it in the stock market?"

If you plan to use a GA property as the relinquished property in a 1031 exchange, GA will not allow 1031 tax treatment if the replacement property is outside GA and profit on the sale of that property will be taxable on your GA tax return.. 

But,  I have seen big RE company that deduct thousands of dollars as an abandonment loss rather than adding those thousands of dollars to a new property, which would be wrong treatment. 

The former is a legal entity, and the latter is a choice of tax treatment.

I'd like to see the community in a better light, as there are some terrible properties with major drug and alcohol problems next door and surrounding these properties; not even sure I can see a 3% appreciation. 

When I googled his name, it turns out he was arrested for drug trafficking a couple years ago. 

However, there are so many other things that can be evaluated if you need a different treatment.