Trust, LLC, S-corp - Posted by cap interests

Posted by Dimpil on October 17, 2003 at 04:41:43:

Well, with Corporations you will have to pay a captal gains tax for the corp then for each person, which means double tax. LLC only 1 time taxed.

Trust, LLC, S-corp - Posted by cap interests

Posted by cap interests on October 16, 2003 at 16:32:49:

There are three partners involved in this deal, and we shall be acting as
the contractor for the construction of this single family home.

For liability protection, which type of entity should we use, assuming we
will sell the property within 12-18 months?