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392: The Top Real Estate Tax Strategies Everyone Should Know

Main Street Business

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The Tax Summit - Is the Escorp Strategy a Good Idea?

There's asset protection built inte the trifecttun by separating these things out on that left and right side. So you want to keep your assets on the right with an llc, and on the left, spoiler alert, you want the scorp. If you're going to net 75 grand in an llc or net 75 gran inan s corp, here's the difference, andi'll put this in red,. You're going to pay 15 point three % in self employment tax, which is ten grand. Then you are going to pay state tax, if you live in state, wit state tax and federal. It's not uncommon to see a brand new contractor, relter

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