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Updated over 5 years ago on . Most recent reply presented by

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173
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86
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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

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255
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269
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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
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