Thread: LLC vs. S-Corp
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Old 13th July 2006, 12:40 AM
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Re: LLC vs. S-Corp

Our businesses with employees are S corportions. The advantage is definately saving on taxes, as this allows the profits of the corportion to flow thru to you and you are taxed (only once) usually as part of your personal tax return. The corporation still has to file a federal tax return as well. I see quite a few real estate investors use LLC where they are not taking a lot of income, but rather building equity in the real estate.
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