The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (140730)	8/12/2008 3:51:54 PM
From: Travis_Bickle	Read Replies (2) of 306849

Yeah but you avoid the second level of taxation. Either way if you are the owner/employee, any money that comes out of the company is taxable to you, so do you want to pay tax once or twice on the same money? With every other business entity in the world there is one level of taxation, with the C corp. there are two levels of taxation, though that is easily avoided unless you are a big business. It makes no sense. The big accounting firms have hundreds or thousands of owners but there is no entity level tax cause they are LLPs. They generate huge profits. Why treat a C corp. different than an LLP?

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