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Thread: Dilemma
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Old 04-18-2008, 09:44 AM
TaxGuru TaxGuru is offline
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Generally speaking, I along with almost all the CPA's and Tax Experts would strongly recommend the LLC as the better choice of entity whenever a Real Estate Activity is concerned.

Clearly, you will avoid the double tax that is common with the C Corporation. In the case of the the LLC, you would choose it as a passive activity, so that all the pass thru income would not be subject to Self-Employment taxes.
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