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What are the advantages to a Real Estate agent operating as a Professional Association?

On July 12, 2009 / By Estate Planning Help / In Estate-Planning-Taxes

I am currently completing my pre-licensing course to become a FL Real Estate agent. I’m putting together a rough plan for operating my real estate agent business and have noticed that many local real estate agents operate as a PA (which I believe is the same as a professional corporation used for lawyers, doctors, etc…).
What are the tax / liability advantages to operating this way? Is this the best entity to use for this business. I went to business school, so I understand the basic benefits of Corporations and LLC’s, but I’m not familiar with these specific applications.

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