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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Best choice for an income tax entity... Posted by Ward-CA- on December 12, 2003 at 11:47 PM In Reply to: LLC choices posted by troy on December 12, 2003 at 10:23 AM : Ward : while I was looking to start my LLC,I found that I can elect to have my LLC opperate like a C Corp,S Corp, SP,or a partnership for accounting purposes. what do you feel is the best choice? : If a home seller lost the important documents such as a straight note, or failed to record a deed of trust, what do you feel is the best course of action? ================== Troy, For accounting purposes the best choice is probably the partnership return. It's more commonly used and thus cost the cheapest to prepare and process. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Ward : : while I was looking to start my LLC,I found that I can elect to have my LLC opperate like a C Corp,S Corp, SP,or a partnership for accounting purposes. what do you feel is the best choice? : : If a home seller lost the important documents such as a straight note, or failed to record a deed of trust, what do you feel is the best course of action? : ================== : Troy, : For accounting purposes the best choice is probably the partnership return. It's more commonly used and thus cost the cheapest to prepare and process. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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