Old 12-14-2008 | 02:38 PM
  #3  
Hoof Hearted
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Joined: Jun 2008
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From: Seat 1 A
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I'm sorry, I wasn't clear. The benefit of having a corporation whether you're an independent or not is that your corporation can then buy your property( house, condo, car, boat etc) If done properly, no one will be able to touch your assets. I know many independent contractor pilots that have set up their businesses by incorporating but stopped there. If they did some more research and hired a proper tax/corporate consultant, then they would have complete asset protection.
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