LLCs do not have their own federal income tax classification. As such, the LLC gets to choose between the existing tax classifications: (1) Sole Proprietorship/Partnership; (2) S-Corporation; or (3) C-corporation.
Texas Series LLC for Real Estate Investors
The Texas Series LLC is quickly becoming the preferred business entity for real estate investors. By using the Series LLC, a real estate investor can now pay for only one business entity and get the liability protection that normally takes multiple entities.
- Page 2 of 2
- 1
- 2