Two Plus Two Newer Archives  

Go Back   Two Plus Two Newer Archives > Other Topics > Business, Finance, and Investing

Thread Tools Display Modes
Old 11-30-2007, 04:13 AM
Learning Learning is offline
Senior Member
Join Date: Feb 2007
Posts: 368
Default How To Structure Corporate Ownership?

I'm in a situation where I have ownership of several lucrative passive sources of income and am looking to set up a business structure to avoid harsh taxation. After some research, I think it would be best (although there's a large probability of me being wrong) if I had a single S Corporation that owned an array of LLCs, which in turn held the assets. Each set subcategory of assets will need a business structure in order to run, and I'm concerned about having one large conglomerate managing everything. MSPaint Diagram here.

I need the S Corporation to fund new projects as they come and not be associated with me as an individual. I'm looking for a structure somewhat resembling how Buffet works through Berkshire.

Is this structure the most efficient way of avoiding high taxation? Will the S Corporation be taxed on the income it takes from each LLC (thusly creating a double taxation situation)? Should the top corporation be a different business type? Is the entire idea of having multiple levels absurd?

Just trying to get this whole situation figured out - thanks a ton guys.
Reply With Quote
Old 11-30-2007, 11:07 AM
spex x spex x is offline
Senior Member
Join Date: Jun 2005
Location: who dares wins
Posts: 569
Default Re: How To Structure Corporate Ownership?

There are way way too many variables to this question to be able to answer here. You really need to sit down with a CPA and and attorney to figure it out. The best thing would probably be to find a tax lawyer or a CPA/lawyer.
Reply With Quote

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -4. The time now is 09:21 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2021, vBulletin Solutions Inc.