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Updated almost 2 years ago, 03/24/2023
LLC , multi member company
Ive recently learned about the pros and cons of an LLC, starting out I've figured out creating an LLC is not the best option to begin investing. Ill stick to insurance and leverage. I understand to keep personal and property income/expenses separate, it all makes sense to me... heres the dilemma, (correct me if im wrong) eventually I will have an LLC and have a few partners that I will work with. I learned that a multi member LLC is taxed the same as a corporation... if we aren't able to be tax efficient with a Muti member llc, then whats the point? any guidance, advice and experience is much appreciated! Im not 100% on the way im thinking about it..