tag:blogger.com,1999:blog-7800674.post109413415345247934..comments2023-06-22T05:23:55.920-07:00Comments on Shaun's Real Estate Adventures: Legal Entity For Real Estate InvestingShaunhttp://www.blogger.com/profile/05654897560778650994noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-7800674.post-1146406041841096132006-04-30T07:07:00.000-07:002006-04-30T07:07:00.000-07:00S-Corps are pass-thru entities at the Federal leve...S-Corps are pass-thru entities at the Federal level. An S-corp never pays federal income tax. Many states also treat S-corp the same way-no tax, pass-thru to owners. Some states tax S-corps at a lower rate and I know of one that doesn't have an s-corp designation. What I've experienced:<BR/>CA - S-corp taxed at lower rate<BR/>DC - No S-corp<BR/>FL - pass-thru/no income tax<BR/>VA - pass-thruAnonymousnoreply@blogger.com