LLCs are normally used for business with small numbers of active participants, family/closely held businesses, real estate investments, joint ventures, and investment partnerships. Essentially, any business that is not contemplating an S-Corporation or C-Corporation should consider using an LLC.
Links in This Module:
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Module 1.1 - The Importance of Legal Formats |
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Module 1.2 - Sole Proprietorships |
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Module 1.3 - Partnerships |
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Module 1.4 - Limited Liability Companies |
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Module 1.5 - C Corporations |
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Module 1.6 - S Corporations |
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Module 1.7 - What's Best for You |
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