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.
Answered on 8/23/16, 11:04 am
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