Posted by Jason on May 29, 2002 at 11:51:27:
Exactly the answer I was looking for. Thanks.
Single Member LLC - Posted by Jason
Posted by Jason on May 28, 2002 at 16:11:24:
Does a single member LLC provide the same tax shelter as a 2 member LLC?
Re: Single Member LLC - Posted by Brandon Holmes
Posted by Brandon Holmes on May 29, 2002 at 19:16:09:
I am fairly new to REI and I would like to know what is the best way to do my deals, through an LLC or corp? If I am only wholesaling properties to other investors
Re: Single Member LLC - Posted by JHyre in Ohio
Posted by JHyre in Ohio on May 29, 2002 at 05:54:53:
Yes- which is to say no tax shelter beyond what you’d get as an individual. In general, LLC’s are tax neutral, though there are technical exceptions when dealing with larger multi-member LCC’s.
John Hyre