Posted by Bill K. (AZ) on April 07, 1999 at 13:47:36:
Bill Bronchick suggested recently in one of his “Live Chat” sessions that “C” corporations are best for lease/options, rehabs and other short-term holding situations. If you are planning to hold rental properties (long-term), then an LLC would be more appropriate.
I don’t remember the exact reasoning for this, but that was his answer to this same question in his chat room.
I hope this helps.
Bill K. (AZ)