WriterMom asked:
Limited Liability Campany (LLC), S. Corporation, partnership, or sole proprietership
The wind farm is in western Texas where middle-aged parents already have extensive holdings in oil and cattle and two grown sons have had five years experience managing corporate wind farms.
Limited Liability Campany (LLC), S. Corporation, partnership, or sole proprietership
The wind farm is in western Texas where middle-aged parents already have extensive holdings in oil and cattle and two grown sons have had five years experience managing corporate wind farms.
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At first glance, I would recommend an LLC. This will depend on the type of income and the owners. A limited partnership may also be a good option. I can help guide you into making the right decision on business entities. I can form and maintain LLC’s (or other entities) in all 50 states.