Incorporating a legal real estate business entity helps you save money on taxes. It enables you to enjoy the benefits of tax deductions. Without incorporating a business, you're not eligible to deduct operational expenses such as office rent, insurance, and employee salaries (if any).Oct 9, 2020
Can a real estate agent incorporate in California?
On a bipartisan 56-0 vote, AB 687 (Daly; D-Anaheim) passed the California State Assembly. This bill will allow real estate brokers to incorporate as a limited liability company (LLClimited liability company (LLCA limited liability company (LLC) is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.https://en.wikipedia.org › wiki › Limited_liability_companyLimited liability company - Wikipedia), in addition to a C or S corporation.Jan 31, 2020