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07-16-2010, 05:31 PM #1
Renter
- Join Date
- Jul 2010
- Posts
- 1
opening brokerage questions: LLC vs. S corp
I want to open a new brokerage down in SD. I don't have my broker's license yet. I have a few questions I hope you guys can help answer. When I do open my brokerage, should I go with an LLC or S corp and why? I'll won't have any agents under me for the first few months.
My next question is: can I get a business license before I get my broker's license? I won't be doing any business but I'd like to try and start my tax writeoffs. Can I write stuff off that happened before getting my business license that was relevant to starting up the brokerage?
Thanks in advanced for the help



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