Legal Question in Business Law in Iowa

What is the advantage of a LLP? Why would partners choose LLP over LLC?


Asked on 8/23/16, 10:58 am

1 Answer from Attorneys

Robert Luedeman solo practitioner

That's really a question for a tax lawyer which I am not. I would think that if one was a sole proprietor a LLC would work better but with a mix of investors a LLP might help in keeping things sorted out.

Read more
Answered on 8/23/16, 11:04 am


Related Questions & Answers

More Business Law questions and answers in Iowa