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Updated almost 9 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Williamstown, NJ
  • Member since Jul 7, 2015
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Williamstown, NJ
  • Member since Jul 7, 2015
Connect
Account Closed
  • Investor
  • Williamstown, NJ
2
Votes |
11
Posts
Tax, SDIRAs & Cost Segregation

Having an LLC and collecting unemployment

Account Closed
  • Investor
  • Williamstown, NJ
Posted

Hi everyone, looking for feedback..

I am a union electrician in NJ with 2 rental properties that I may transfer into an LLC (or perhaps a partnership). In the event I get laid off, can I collect unemployment with this type of business income (being a member of the LLC with my wife) owning rental properties? Just looking for any help before any entity is created... Thanks. Justin

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