Posted by Brad Crouch on April 29, 2000 at 14:22:52:
An important aspect of a single member LLC is that it is taxed by default as a sole propriortorship. In order to get the “charging order” protection from judgement creditors, it needs to be taxed as a “partnership”. That means two or more members have to be involved.
www.nvinc.com . . . click on April reports and then “snake oil . . .”