C-corp or LLC for high earner real estate agent

C-corp or LLC for high earner real estate agent

Real Estate Agent · Contra Costa County, CA · Member since 2019 · 1 post · 0 votes

Hello, my income over the last several years has been over $600,000 so I know I need to form an S Corp from a taxation perspective, should have been done long ago! But I believe I need to first become a C-corp or LLC. Any advice on which would be better in California? My accountant is recommending a C-corp but I'm curious what others have done. Thanks for any input you may have.

0Reply
9 views

1 Reply

Jump to latestLatest
  • Rental Property Investor · Concord, CA · Member since 2016 · 499 posts · 219 votes
    5y

    Not a CPA but I would recommend LLC with S-corp designation

Join the conversationCreate a free account to reply, vote on answers and follow this thread.