I have already applied for an LLC but I was just wondering if it is suggested if I am not holding on to any properties. If so, should I wait until I get all of my paperwork before I start flipping? Thank you
the short answer is no. there are tons of post on this board on this topic; the reason why is reviewed some of those.
The basic rule of thumb is an LLC entity is better suited for tax purposes in its structure for holding R/E assets and C corp are better suited for flipping properties.
I would suggest strongly you read up on it and if needed get wit a good tax attorney/ accountant who specializes in business entity and taxation.
Colvegas