Reply To: Which Entity?

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#38702
Eric Green
Keymaster

Ralph I would create an LLC. C Corps are popular for doing this because people seek out venture capital money and a C Corp allows for all sorts of various share types and ownership. But given what you have laid out I would recommend a single member LLC, which is cheap and easy to create and manage. Whatever you sell it will be the assets – no buyer will want the entity anyway, so I would not sweat this too much.