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Warranty Deed Where a Limited Partnership or LLC is the  Form

Warranty Deed Where a Limited Partnership or LLC is the Form

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Instructions and help about Warranty Deed Where A Limited Partnership Or LLC Is The

hey guys clint coons here and in this video we're going to talk about the difference between using a disregarded limited liability company versus a partnership for your real estate investments okay let's get started all right so here's the thing if you're not familiar with limited liability companies they're called a hybrid entity and so whenever we create an llc we set this up with the state so let's assume i set this one up in utah set up this utah llc you then have to go to the irs and make an application for an ein number employer identification number so you fill out what's referred to as an ss4 form and on that ss4 form you're going to elect how you want to treat this llc for tax purposes so you can elect to treat it as a c corporation s corporation partnership or disregarded so what is the difference then for real estate investors when we're talking about disregarded versus partnerships all right so if i cho

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