Dave asked:
I have investors willing to invest in my real estate company where I would deliver in return a 10% ROI / Yr on a promissory note renewable every 12 months.
Should I set things up as an LLC?
What kind of tax liability does the LLC have if it is to recieve funds from investors [...]
e e in california asked:
Why would someone choose to start a LLC or corporation over just owning real estate as an individual? More specifically, why does some choose LLC and some corporation (and within this there is the S corp and C corp I believe)? If anyone could thoroughly explain that would be GREAT! [...]