LLC or corporation ?
So many people get bad advice on this simple & very common question
In this thread I’m going to share the surprising answer that is (almost) always correct for both legal and tax considerations.
Ready?
Here’s the quick answer:
Always form an LLC.
Except for a few rare exceptions including:
• Going to be raising traditional startup funding
• Plan to be listed on a stock exchange
LLC is 100% of the time the right choice.
Why? Read on.
@scorindorin That will depend on the terms of their pre-nup, If they have one. If not, the state’s equitable distribution laws will determine the outcome.