I am working on building a group of investors but trying to find out what would be the best strategy for us as a group tax wise.
An LLC goes one way but i havnt been able top get much info on a a trust.???
And what the differances would be
Howdy 5to1:
A LLC is probably the way to go. A trust is mainly used to hide the true owners of a property or at least make it harder to find them. There is no tax advantage to a trust.
thx ted i’ll start an llc then funny i email several law offices to file an llc and they want a 1000 to file 4 me .lol
i went to the secretary of state office and it only cost 200 and a tax id i can do 2 some of these lawers are silly. but thx 4 your help
God Bless