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v. t. e. A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form ...
Pennsylvania ( / ˌpɛnsɪlˈveɪniə / ⓘ, lit. 'Penn's forest country' ), officially the Commonwealth of Pennsylvania [b] ( Pennsylvania Dutch: Pennsylvanie ), [7] is a state spanning the Mid-Atlantic, Northeastern, Appalachian, and Great Lakes regions of the United States.
Corporate law. A low-profit limited liability company ( L3C) is a legal form of business entity in the United States. [1] Commonly referred to as a hybrid structure, it has characteristics of both for-profit and non-profit entities. [1] L3Cs were created to comply with the Internal Revenue Service (IRS) program-related investments (PRIs) rules ...
It is certainly possible to buy a house with an LLC. But unless you’re a celebrity or a real estate investor who wants to limit their liability in being a landlord, it’s probably not a good ...
A limited liability company (LLC) is a business structure offering protections to small business owners. When forming an LLC, you shield your personal assets from liability for business debts and ...
A non-stock corporation (or nonstock corporation) is a corporation that does not have owners represented by shares of stock, [1] in contrast to a joint-stock company. A non-stock corporation typically has members who are the functional equivalent of shareholders in a stock corporation. The members may have the right to vote (and other rights ...
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