Amy R. asked
I invested $40,000 in a property management company PLLC in VA and signed an operating agreement. I do not work for the company and just invested for profit. What entity type of PLLC is advantageous for tax purposes, and is the return of my principal investment taxable?
December 31st, 2023
Robert H. answered
For tax purposes, the type of PLLC entity that is advantageous to you depends on whether you elect t...
December 31st, 2023
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