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Updated over 8 years ago, 07/10/2016

User Stats

23
Posts
2
Votes
Mark Barnes
  • Investor
  • Bakersfield, CA
2
Votes |
23
Posts

LLC or S-Corp for REI business with partner

Mark Barnes
  • Investor
  • Bakersfield, CA
Posted
Hello BP, I'm curious if you could provide some insight into the better entity to form for REI. Would it be better to form an LLC or an S-Corp? I hear with an LLC the directors can still be targeted in lawsuits. Is this the case? Is there more insulation with an S-Corp as it is an entity in and of itself? My partner and I are looking to go with the wisest choice. Any feedback you can provide would be great thank you. Mark

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