4 ms·
I didn't think it deferred taxation; just the opposite. That's what I was referring to about the K-1; you pay taxes on the income of the partnership even if yo
by perl4ever 5y ago
I didn't think it deferred taxation; just the opposite.
That's what I was referring to about the K-1; you pay taxes on the income of the partnership even if you didn't sell any shares.
- Spooky23 5y agoIt depends on your situation. For an smaller scale individual, the paperwork is a pain unless the entity is designed to be used by an individual.