Recently, I was at a meeting of landlords where a guest lawyer mentioned that the S corporation was a bad entity for real estate because you could have your S corporation terminated with too much passive income. I had not heard this before. Can you shed some light on this for me? (C.S.O., Redwood City, CA)
Yes! First, this is not a problem for most S corporations. Ask yourself this question: Did I start my S corporation ... Log in to view full article.