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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 of a ...
A series limited liability company, commonly known as a series LLC, protected cell company, segregated account company, or segregated portfolio company, and sometimes abbreviated as SLLC, is a form of a limited liability company that provides liability protection across multiple "series" each of which is theoretically protected from liabilities ...
The Uniform Limited Liability Company Act ( ULLCA ), which includes a 2006 revision called the Revised Uniform Limited Liability Company Act, is a uniform act (similar to a model statute ), proposed by the National Conference of Commissioners on Uniform State Laws ("NCCUSL") for the governance of limited liability companies (often called LLCs ...
LLC loan vs. business loan. What makes LLC loans different from regular small business loans is that LLCs apply and use them. You don’t need to look for a loan that is labeled as an LLC loan ...
Limited liability companies (LLCs) are companies that operate under a specific kind of business structure in the United States. Organized in the owner’s primary state of residence, an LLC is ...
Bottom line. 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 ...
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