I’m in the process of buying a house an intend to sell it within 2-5 months. And I’m planning to buy 3 more houses to buy and sell for the rest of the year. I want to know, should I form a c or s corporation or LLC or should I better off doing it without forming a corporation? I read some article from william bronchick, if you are actively buying and selling real estate, the irs may consider me as a dealer, and that the gains from the sale of real estate will be subject to self employment tax, which was about 15%. Now, if I don’t form a corporation, I would pay about 40% on the capital gain tax. Is that true? Now I heard from others that capital gain tax are the same whether you are individual or coporation. I want to form a corporation just on tax purposes, which one should I choose so I pay less taxes. I need opinion on this.