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Money and Finances
Reply to "creating an LLC to purchase condo from myself?"
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[quote=Anonymous][quote=Anonymous]As a C corp it might make sense, but would increase your costs. Benefit is then limited by your creativity - I.e. take profits and put them into a 401k, put employer match on top, etc[/quote] Eh. The income would double-taxed. And a 401k plan would have to be administered.[/quote]
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