English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

1 answers

I don't think it matters much when it comes to investing. I believe most people use LLC's in order to have legal protection for their personal assets. I can't think of anyway that anyone would sue you and come after your personal assest with investing given that you will making transactions with money that you already have. I assume that you can't invest on credit because I never heard of such a thing, but I have never gotten into stocks myself. Maybe if you get a loan from a bank or some other financial institution, there would be cause for concern in this area.

Other than that, you should check out the tax benefits attainable with each of the two options by calling the Small Business Bureau in your area. If they don't know the info you need right off, then they will still be able to point you in the right direction.

Hope this helps... take care ;-)

bcam360

2007-02-16 16:30:18 · answer #1 · answered by Ξ▼Ξ 3 · 0 0

fedest.com, questions and answers