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  2. Can I Buy a Home with an LLC? - AOL

    www.aol.com/finance/buy-home-llc-140026216.html

    If you're buying an investment property, it may make sense to buy it using a limited liability corporation (LLC). While there are certain hurdles you'll have to clear, buying a house with an LLC ...

  3. Limited liability company - Wikipedia

    en.wikipedia.org/wiki/Limited_liability_company

    In California, both foreign and domestic LLCs, corporations, and trusts, whether for-profit or non-profit—unless the entity is tax exempt—must at least pay a minimum income tax of $800 per year to the Franchise Tax Board; and no foreign LLC, corporation or trust may conduct business in California unless it is duly registered with the ...

  4. Can you buy a house with an LLC? Should you? - AOL

    www.aol.com/finance/buy-house-llc-212420678.html

    Buying a home with an LLC can be useful for landlords, owners of multiple properties or public figures who value their privacy. But it can be hard to get a mortgage loan for an LLC purchase, and ...

  5. Partnership taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Partnership_taxation_in...

    Certain threshold issues bear mentioning here: (1) members of an LLC, or partners in a partnership which has elected to be treated as a partnership for Federal income tax purposes, may use a proportionate share of the partnership debt in order to increase their "basis" for the purpose of receiving distributions of both profits and losses; [3 ...

  6. Family Limited Partnership - Wikipedia

    en.wikipedia.org/wiki/Family_Limited_Partnership

    Limited Partners have an economic interest in the FLP, but typically lack two noteworthy rights: control and marketability. Limited Partners have no ability to control, direct, or otherwise influence the operations of the FLP. They can neither buy additional assets, nor sell existing assets, and they cannot act on the Partnership's behalf.

  7. Limited partnership - Wikipedia

    en.wikipedia.org/wiki/Limited_partnership

    A limited partnership (LP) is a type of partnership with general partners who have a right to manage the business and limited partners who have no right to manage the business but have only limited liability for its debts. [1] Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability.

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