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Updated over 5 years ago,

Kris L.'s profile image
Kris L.'s profile image
Kris L.
  • from San Antonio, TX
  • Member since Feb 24, 2019
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Kris L.'s profile image
Kris L.'s profile image
Kris L.
  • from San Antonio, TX
  • Member since Feb 24, 2019
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Kris L.
  • San Antonio, TX
834
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926
Posts
Tax, SDIRAs & Cost Segregation

LLC question: Advantage to multiple shareholders

Kris L.
  • San Antonio, TX
Posted

Does an LLC offer more legal protection if there is more than 1 owner? Like if I gave my brother a 0.01% share does that do anything to help or hurt things? I could see it might compromise pass through tax status, but I know very little about LLCs and don't know if they are for me at this stage.

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