I get the distinct impression that this board fosters that environment unlike other boards I have read.I'm married with small kids and was born and raised in California.

The judge will look at the records and see that you do not operate as if the LLC is legally distinct from yourself.

As you are new you might not realize there is a critical distinction.

Typically showing large witty slogans and distinctive visuals, billboards are highly visible in the top designated market areas.When you place a billboard make sure it is either in your buying area or in a high traffic area.

A trust much like a corporation is a "jural person" it can sue, be sued, it has a separate tax id number and is for all legal purposes a separate and distinct entity from the person who is a party to the security instrument.

Then again, when I walk into a property I am going to purchase and I smell urine, we all know that is really the scent of money.

The entire firm is separated into 3 distinct departments, marketing, maintenance, and collections.

Our exemption allows for up the 35 non-accredited investors anyway, but the group managing the projects really is separate and distinct from the fund.

They are the same thing from the IRS' perspective;- From a legal/asset-protection standpoint, the difference is between a corporation and an LLC, and from a legal/asset-protection standpoint, the election of s-corp is meaningless.So, while I'm certainly no expert on this topic, make sure that when you talk about the differences between the two, you specify if you're referring to the tax implications (no distinction) or the legal/entity implications (likely big differences depending on statute, structure, number of owners/members, etc).

OK well if it has an HOA then that's a distinction that doesn't really matter for these purposes.