UBE LAW: LOFTIUM UNWITTINGLY FORMS PARTNERSHIPS WITH HOMEBUYERS

By , December 7, 2017 4:20 pm

Non-tax choice of entity (i.e., choosing on non-tax grounds between LLCs and non-LLC entities as the best business entities for one’s entity formation clients) is often a key step in the LLC formation process.  In order to be competent in non-tax choice of entity, you need a fairly detailed knowledge of all of the key business organization law features of each relevant type of entity and how these features compare with the corresponding features of the other relevant types.  The post below provides perhaps the best—and most sophisticated—discussion I’ve ever seen about how a business arrangement—here, something vaguely like a loan—can actually be a general partnership.

Loftium Unwittingly Forms Partnerships with Homebuyers

Leave a Comment