Probably they do for two almost unknown reasons. A limited liability company can be almost whatever tax entity it wants to be for income tax purposes. A larger realestate investment fund?perhaps one with several partners?might decide to operate as a C corporation or as an S corporation in order to take advantage of some of the unique tax planning advantages of these entity choices. For example, a very small realestate business with [...] You may not get as much legal liability protection from an LLC as you want or hope.
Boston real estate blog
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