Strategy for ...Real Estate Agent + Investor/Landlord

[Kumar Paj]

I am a licensed RE Agent + Investor with few rental properties. I set up S corp for my RE Agent practice and therefore when I rent my own property, I write a commission check to my brokerage firm and he writes a check on my S Corp’s name (mostly I rent it by myself to Sec 8 and without coop broker on the other side). I think, this is helping me save same tax amount since it becomes my individual expense and my Corp’s income.

I am also considering to use my S Corp for property management/operating company. Would this be a good idea? Would this help me from liability perspective? Would this help me from tax perspective?

Would appreciate inputs from experienced RE Agents/Brokers, CPAs and investors.