can a llc taxed as a s corp own other llc.

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Boone
Oct 19, 2016 05:17 AM 0 Answers
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An LLC can own another LLC but your question is more complex and needs more information. First are all the members of the first LLC the same members in the second LLC? If there are different owners this will effect the answer. How is the second entity going to be regarded for tax purposes? Will you be taxed as a partnership, disregarded entity, S corporation. These too will effect the answer. More specifics will lead to a more precise answer…

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