just my 2 cents

S - Corp, business with active income and most likely will still exit over a long period of time, such as a construction company.

LLC or LLP, more flexble, easier for passive income business, I setup LLC for properties that are multi plex.

Trust, easiest to setup, easiest to get out, I deed all SFH or smaller properties to a trust, you don't need to file separetely each year for a trust.

SFH or smaller properties needs to carry 500k liability on its own, multiplex needs 2 mil. and personal liability insurance 1 mil on top of that.

所有跟帖： 

• how to set up a trust and other follow up questions. -东南风起- ♂ (229 bytes) () 03/12/2008 postreply 11:26:55

• you can buy an online kit for $100 or pay a attorney -jy101- ♂ (437 bytes) () 03/12/2008 postreply 16:56:30

• Quit Deed -luck1- ♂ (164 bytes) () 03/12/2008 postreply 12:24:13

• No, at least not the state I am at. -jy101- ♂ (0 bytes) () 03/12/2008 postreply 16:57:59

• Would quit claim cause u unalbe to claim depreciation on persona -TraderZhou- ♂ (95 bytes) () 03/12/2008 postreply 13:55:53

• you file your 1040 as normal, trust do not need -jy101- ♂ (75 bytes) () 03/12/2008 postreply 16:59:33

• 回复：thanks -TraderZhou- ♂ (0 bytes) () 03/13/2008 postreply 13:06:38