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Updated over 5 years ago,

User Stats

6
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2
Votes
Lua Jambeiro
2
Votes |
6
Posts

LLC strategy for new Real estate investor

Lua Jambeiro
Posted

Hi everyone,

I'm not sure in which category to post this question, but I'm about to create an LLC with a friend for real estate investing and am debating whether we should elect to be taxed as an S-corp or not. I've been doing a lot of research on this and it seems being taxed as an S-corp is the way to go, but since we are just starting and haven't bought any real estate yet, I was wondering if we should or not. Because I also read that with S-corps we have to pay ourselves a salary, there's more reporting that needs to be done and etc. So just wanted to hear some feedback from other real estate investors.

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