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[LLC's
LLCs are state-created entities. Therefore, there is no specific tax treatment for an LLC - it could be treated as a corporation, a partnership, or a disregarded entity. Without knowing the specific potential investment, you can't get a definitive answer.
 
Ira Smilovitz
 
In a message dated 6/13/2012 10:16:40 A.M. Eastern Daylight Time, jaynegrd@sbcglobal.net writes:
Our club is interested in purchasing a LLC.  Does bivio handle LLC's or is it better to steer away.  I know you don't recommend MLP's for clubs due to the accounting problems.
Thanks Ira.  We are looking at Linn Energy (LINE)


From: "IraS1@aol.com" <IraS1@aol.com>
To: club_cafe@bivio.com
Sent: Wed, June 13, 2012 9:24:17 AM
Subject: Re: [club_cafe] Re: [LLC's

LLCs are state-created entities. Therefore, there is no specific tax treatment for an LLC - it could be treated as a corporation, a partnership, or a disregarded entity. Without knowing the specific potential investment, you can't get a definitive answer.
 
Ira Smilovitz
 
In a message dated 6/13/2012 10:16:40 A.M. Eastern Daylight Time, jaynegrd@sbcglobal.net writes:
Our club is interested in purchasing a LLC.  Does bivio handle LLC's or is it better to steer away.  I know you don't recommend MLP's for clubs due to the accounting problems.