At a certain point in your business, it is essential to form an S Corp for your real estate business. That point is $80,000 in profit. If you are making at least $80,000 annually in profit and not running your business through an S Corp, you are losing money.

We Help Tax Relief has set up numerous entities whether it’s a simple LLC or an S Corp. For realtors, we suggest an S Corp.

Why? Because it makes financial sense and pays for itself. That is the number one reason. It saves money which puts more money it your pocket. It also has many other benefits such as:

1. An S Corp protects your personal assets from business related lawsuits.

2. You can open up a business bank account. This helps keep your personal and business expenses separate. This makes it easier to organize your expenses and prepare your taxes.

3. You can get business credit which will extend you credit. You can use these funds to invest in your real estate business.

4. Gives appearance of being a professional. Which you are. It looks more professional when there is an “S Corp” at the end of your business name.

Let us help you with the process. Give us a call at 562-358-9212. Let us be your Tax Pro when it comes to your business and tax needs needs.