Real Estate Agent forming an LLC w/ S-Corp Status

[Matthew Shay]

I am interested in forming an LLC w/ S-corp status for tax implications. The idea would be to build a team and protect my brand. I have heard some people say that forming an LLC is mainly for legal protection and others who say that it is an advantage for lowering taxes. How much income do you need to make in order to make it worth the tax benefit? Setting up an LLC in NY costs a few hundred dollars I am assuming without hiring an attorney