Posted by JHyre in Ohio on February 16, 2002 at 06:07:31:
These decisions turn on lots of details. LLC for the park is right. The entity for the mobiles depends upon your need for the tax-free perks of a C (retirement, medical, etc.)…for the mobiles either a C-corp or an LLC (an S-corp will do you little good given that are already maxed out on social security taxes due to your high outside income)…you need to provide a tax advisor with a business plan based on a ton of details for a really good answer. I’ll email you a questionairre that I use when answering the question.