We get you!
Your days (and nights) are filled with coordinating showings, managing listings, writing offers, and meeting with prospective clients. When are you supposed to find time for bookkeeping, tracking mileage, keeping receipts, and getting it in order before the IRS comes calling? You didn’t get into real estate because you enjoyed back-office work – so let us handle it!
Formations takes care of the tedious back-office work AND SAVES ON YOUR TAX BILL, so you’re free to focus on the parts of the business you’re best at!
We started Formations, for you to:
– Pay less taxes
– Get access to Fortune 500 benefits
– Focus on dollar productive activities
Most realtors are unaware that by moving to an S-Corp, they can become their own W2 employees, and by doing so they reduce their self-employment taxes and save thousands of dollars every year.
Tax savings is the most obvious reason for realtors to become an S-Corp, however, there are many benefits to the S-Corp structure.