At presentations that I give to Real Estate Agents, I often get a question of the benefits of setting up an LLC/S-Corp for the business. There are potential tax benefits to having the S-Corp structure for your business versus filing on a Schedule C, but there based on the state you are in and how your Real Estate Agent business is set up, there are potential risks.
On this You Tube video, I cover this topic and explain the benefits along with the potential pitfalls. I hope you find it useful. https://youtu.be/4sPke5h8dfM
If you are a Real Estate agent that needs help with bookkeeping or taxes planning, problems or getting your return filed properly, give us a call at (972) 821-1991 or schedule some time on my calendar at https://jablonskyandassociates.com/contact
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