The Hardest Decision - Which To Choose?
Its everyones question, I know the difference between an LLC, S-Corp, C-Corp, etc. but I just cannot put it together for Florida.
The deal is this, I want to begin a real estate investment firm in south Florida (Yes, I know everyone else does too). But I would like to file this week and I just cannot pick one. My options are this:
1) LLC In FL
2)S-Corp in FL
3)LLC In Nevada or Delware and file a foreign corp fee in FL
The infamous question is which one makes the most business sense? The company i am starting is a buy/hold/sell. Any thoughts or suggestions? I am looking at this mainly from an investor / tax perspective. I appreciate all responses! 
Try this article:
http://www.thecreativeinvestor.com/residential/Article452-Should_I_use_an_LLC_or_S_Corp.html
If you then have a specific question, let us know.
Thanks for the article it was very helpful. A few direct questions from the article:
First, the author says "First, transferring property to/from an LLC is not a taxable event thus saving you transfer taxes"
Should I assume this means transfering to/from an S-Corp requires transfer taxes?
Second, "I recommend an S-Corp for short-term wholesaling/rehab so you can save the 15.3% self employment tax."
This is stated here but right below in the Q&A portion a member says with an S-Corp you must still pay the 15.3% True?
Lastly, Another in the Q&A of this article - this questions was left unanswered, "good article. i believe that if you are a single member llc that you do not have to pay self employment tax. Is this correct?"
Thanks for your time, these three answers should help me make my final decision.
Mr. Crane,
You certainly are filled with knowledge. I appreciate you taking the time to respond.
Thank you for the kind words. TCI has taught me a bunch and I try to give back to "the community".
Joe