Real Estate Agent · Raleigh and surrounding areas · Member since 2019 · 39 posts · 14 votes
For those of you who are licensed Realtors and who also own RE investments, how did you structure your business? I am not asking for "legal" advice and know I should consult my CPA or attorney but would love to see what other folks are doing. Do you have an LLC/S Corp for your real estate business and a separate LLC for buy and holds etc?
Real Estate Agent · Raleigh and surrounding areas · Member since 2019 · 39 posts · 14 votes
6y
Thank you SO much Anson! Do you have an LLC for your agency or an S Corp? I think I need to find a CPA that deals with Realtors/RE Investors. I want to be sure I go about it the smart way. Ever since getting into broker sales, I have just gotten a regular individual 1099. I created an LLC last year but someone told me recently that I should have done an S Corp.