Quote:
Originally Posted by Sharky
The laws are slightly different based on the state, but here in FL an LLC is better for multiple people and S-corp for individual shareholder.
I have 2 LLCs with Partners and an S-corp for myself.
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And there is where I'm confused. If you have partners with a LLC wouldn't it in reality be a LLP? Does it matter? I thought only one person could own a LLC. Thanks for the information, keep it coming.