Tax Strategies: C Corp vs S Corp & 1244 Stock Loss Option – C☕ffee With Carl EP-6

Tax Strategies: C Corp vs S Corp & 1244 Stock Loss Option – C☕ffee With Carl EP-6



C Corp vs S Corp and the 1244 stock loss option. The IRS does not recognize LLC entities although the state does however you do get to decide how the LLC gets taxed.

Tax options for LLCs are sole proprietorships, partnerships, S-corporations (S-corps), and C-corporations (C-corps).

When it comes to traditional corporations vs LLCs, what’s the difference? Both LLCs taxed as C-corps and traditional C-corps have similar costs. Plus, both entities require about the same amount of work to remain compliant.

Traditional C-corps, however, offer one benefit that LLCs don’t: the 1244 stock loss option.

Watch now as Carl covers the Section 1244 stock loss option for traditional C-corps and how to recover start-up expenses, like real estate investing education. He breaks down the differences and similarities between traditional corporations vs. LLCs taxed as C-corps.

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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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