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Updated almost 13 years ago,

User Stats

70
Posts
25
Votes
Jeff D.
  • Real Estate Investor
  • Portland, OR
25
Votes |
70
Posts

tax on LLC doing flips vs. tax on S-CORP doing flips?

Jeff D.
  • Real Estate Investor
  • Portland, OR
Posted

Could someone please tell me in as general numbers and terms as possible what the overall difference in end taxes might be between these two? Let's say for example the company clears 120k in profit on sold flips each year. I know there's tax savings going the S-corp route, but how much generally?

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