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Updated almost 3 years ago, 02/22/2022

User Stats

8
Posts
8
Votes
Cameron Stevens
8
Votes |
8
Posts

S-Corp, LLC and Educational Expenses

Cameron Stevens
Posted

Does it make sense to own a property in an S-Corp (I already have one set up)? Would it be worth it to set up an LLC in order to deduct business expenses associated with RE (education, travel, office supplies, etc)?--or can I do this now with my existing S-Corp? Thanks!

User Stats

149
Posts
164
Votes
Jeffrey Albaum
  • Investor
  • Austin TX
164
Votes |
149
Posts
Jeffrey Albaum
  • Investor
  • Austin TX
Replied

Hey @Cameron Stevens I know this answer is not very helpful - but it depends. It depends on your personal financial/tax situation and the best person to answer it would definitely be your CPA along with your attorney.