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Updated about 5 years ago on . Most recent reply

User Stats

173
Posts
86
Votes
Patrick J.
  • Rental Property Investor
  • Tucson, AZ
86
Votes |
173
Posts

Any high performing Realtors taxed as S-Corps

Patrick J.
  • Rental Property Investor
  • Tucson, AZ
Posted

Any high performing agents choose to be taxed as an S-corp??? I heard its expensive to manage and you have to do payroll and bookkeeping.

Most Popular Reply

User Stats

255
Posts
269
Votes
Jake Hottenrott
  • CPA
  • Belleville, IL
269
Votes |
255
Posts
Jake Hottenrott
  • CPA
  • Belleville, IL
Replied

@Steven Hamilton II - Don't lie.  You don't HAVE to do bookkeeping, just bring a couple of grocery bags of receipts to your tax pro with a round number for mileage. Bingo Bango Bongo.... deductions!  Bonus, your tax pro will love you.

  • Jake Hottenrott
  • Loading replies...