smithjones006


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smithjones006

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LLC Benefits FDrake4127 years 25 weeks ago

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What paper work i have to do for the SCORP in NC State

What paper work i have to do for the SCORP in NC State for initial set up as well as ongoing every year.

I see for LLC every year we need to pay 200$ to the state vs only 18$ for SCORP.

so i dont understand why people go for LLC and pay 200$ every year when they can go to Scorp and pay 18$..

i am thinking its better to go with Scorp and then i feel its ok to deal with the paper work and just pay 18$ rather than paying 200$ for LLC...(not clear how much paper work it would be more for SCORP when compared to LLC)

BTW, FOR REAL ESTATE business I'm told LLC is better, not sure why?