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If you are self employed, when does it make sense to create an LLC?

+3 votes
What is the difference between LLC and Inc.?
asked Jun 12, 2012 in Retail by anonymous
retagged Jun 13, 2012 by losmurfs
   

1 Answer

+2 votes
It would make sense to create an LLC when you would want to keep the business simple and more flexible.  If the business consists of a real estate whose value will increase then an LLC would be a better option. An LLC would pay lower taxes.
answered Aug 3, 2013 by lkelly Inquisitive Expert (34,540 points)

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