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Updated over 5 years ago,

User Stats

172
Posts
13
Votes
Jonathan B.
  • Southeast
13
Votes |
172
Posts

Partnership structure - How to pay yourself?

Jonathan B.
  • Southeast
Posted

Hi

I am having a hard time understanding how one should pay himself within a family partnership (LLLP).

i have limited understanding in taxation*

My accountant advised we have a salary paid by the entity, essentially making us employees.

i read that there are some caveats to that, 

is there an alternative/conventional way to set-up recurring compensation?

appreciate the insight.

Thanks

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