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What Are The Pros And Cons Of An LLC

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For ski resorts being an LLC is a superb decision as it allows for its members/owners to not be liable for the resorts actions. This can be detailed into how our ski resort may have to take legal actions against a customer that hurt themselves. If the court decides that our resort is liable, us as owners are not going to be held responsible for the injury. Another reason that an LLC is a good choice for our ski resort is the implications surrounding taxation. By becoming a LLC, we can avoid the taxation that occurs when we first make our income and then after we distribute to our shareholders. The profits we receive will be larger because of this and we can help our shareholders profit. One of the main drawbacks to an LLC is that they are relatively

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