LLC Operating agreement, what style of account is best?

I listed accrual accounting but my attorney recommend subchapter S. Could I get some opinions on what is the best way to handle the accounting?

“Accrual” and “subchapter S” are two different things:Accrual means you recognize revenue as you earn it and recognize expenses as you incur them, regardless of when you actually receive or pay the cash. You can choose between accrual and cash accounting, both for your financial statements and your tax return. (They don’t need to be the same.)Subchapter S refers to an S-corporation, which is an entity type. Very generally speaking, in this line of business you’ll be deciding between LLCs and S-corporations. Sometimes you may need a C-corporation but those are uncommon for real estate.