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Updated almost 7 years ago on .

User Stats

43
Posts
13
Votes
Matthew Charron
  • Rental Property Investor
  • Palm Bay, FL
13
Votes |
43
Posts

Beginning business structure?

Matthew Charron
  • Rental Property Investor
  • Palm Bay, FL
Posted

Hello BP friends! I have a quick question for you licensed agents out there. I am a newly licensed realtor as of a couple months ago. I am a new investor as well and decided to get my license to help build capital and get me into real estate full-time sooner than later. I am curious as a new agent what is the best business structure to form in the beginning? I have a full time w2 job and I'm looking to go full time as an agent sooner than later. In order to be able to write off expenses that come along with this business and use other tax advantages, where do I start? Is there a certain amount of income i should be at before choosing a structure? Any advice is appreciated! Thanks in advance for your time!