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larry n
Lv 4
larry n asked in Business & FinanceOther - Business & Finance · 1 decade ago

What are the benefits and drawbacks of various incorporation types?

For rental real estate. I live in California, the rentals are in Atlantic City in a high-crime area.

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  • JimDandy
    Lv 6
    1 decade ago
    Favorite Answer

    The backbone of incorporation is the tax and legal liability protections that it affords to the owners of the corporation. Those protections differ by state.

    Here's a website that gives advantages and disadvantages for all of the types of incorporation.

    http://www.morebusiness.com/getting_started/incorp...

    Source(s): Own a computer consulting business in Missouri
  • dhanraj p
    Lv 4
    1 decade ago

    moveit

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