Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 9 years ago on . Most recent reply

User Stats

13
Posts
8
Votes
Alicia R.
  • Real Estate Agent
  • Boston, MA
8
Votes |
13
Posts

LLC w/S Corp or just S corp in MA (Massachusetts)?

Alicia R.
  • Real Estate Agent
  • Boston, MA
Posted

Hi all, planning on setting up an LLC but was told by a CPA in boston to do an S Corp instead because it has just about the same protections and that an LLC has a $500 annual filing fee. so each year I'd have to pay $500 just to keep up the LLC vs. aprox $109 for an S-Corp. Does anyone have any experience with this or can lend some advice/ideas? Thanks

Most Popular Reply

User Stats

47
Posts
4
Votes
Rob McCarthy
  • Boston, MA
4
Votes |
47
Posts
Rob McCarthy
  • Boston, MA
Replied

@Alicia R. The CPA is correct . The annual fees are more expensive for an LLC in Massachusetts.

Loading replies...