When and How Real Estate Agents Should Apply for S-Corp Status

Описание: Most real estate agents overpay on self-employment taxes by thousands of dollars every year. S-Corp election can fix that—but only if you're earning enough to justify it and you understand the requirements.

This video explains what S-Corp status actually does for real estate agents, when it makes financial sense, how the tax savings work, and the ongoing compliance requirements you need to handle. I'll also show you the common mistakes agents make when electing S-Corp too early or paying themselves incorrectly.

What you'll learn:

How S-Corp election saves real estate agents on self-employment taxes
The income threshold where S-Corp becomes worth it ($60k-$75k+)
What "reasonable salary" means and why it matters
How to file Form 2553 and when to file it
Payroll requirements and ongoing costs
Real tax savings example: $100k income = $5,000+ annual savings
Common mistakes that trigger IRS audits

If you're a real estate agent earning $75,000+ in net profit consistently, S-Corp election could save you thousands in taxes. But if you're below that threshold or just starting out, it's probably not worth it yet.

Need help deciding if S-Corp makes sense for your situation? Schedule a meeting and we'll run the numbers together: https://calendly.com/jimmartincpa/int...