Curious if there are any tax advantages to an LLC?
In this short video I share with you the difference between personal tax reporting and reporting as an entity or LLC so that you can understand what the tax benefits may (or may not) be.
00:00 LLC Tax Advantages
00:30 Personal Tax Income
01:20 Entity or LLC Tax Income
02:32 What’s The Difference?
02:57 What Are the Tax Benefits of an LLC?
Disclaimer: I am a real estate investor and not an accountant. For this reason, I always recommend that you work with a real estate investor friendly accountant and discuss and decisions or concerns with them directly.
For more information and the resources mentioned in today’s video, please see the links below.
Are you interested in learning more about real estate investments and turnkey rental properties from an industry expert? Be sure to subscribe to this YouTube channel and hit that notification bell so that you can be the first to know when I upload a new video.
For even more real estate investment tips, pick up my book on Amazon and check out more of the great resources linked below.
📚 NOT Your How-To Guide to Real Estate Investing: Life Lessons on Hacking Your Mind Before You Hack Your Wallet https://amzn.to/3gLGRh1
📱 7 Rookie Real Estate Investing Mistakes & How to Avoid Them (FREE Digital Download) http://b.link/7-rookie-mistakes
🤝 Join the EXCLUSIVE Turnkey Rental Properties Facebook Group http://b.link/Turnkey-Properties-Facebook-Group
and find me online with Hipster Investments at https://www.hipsterinvestments.com the GO-TO website for turnkey rental property investing!