LLC vrs S-Corp for 2 Partners


D

Dale

Hi everybody,

My partner and I live in CA and have a general partnership agreement.

We will be Auto Dealers selling cars to the public.
We also will have a Brokering Service.

We were thinking of doing an LLC or S-Corp.

What is the best way to go for taxation, costs, simplicity, liability
protection etc.

Thanks for your help,

Dale
 
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