Originally Posted by
sailingfun
If you form a LLC you have to incorporate in a state. You normally need a agent to do that. You also have to file annual reports with that state and pay a annual fee to maintain the LLC. The intent of the LLC can not be only avoiding legal exposure. It has to have a business aspect to pass that test or it could be voided.
Exactly, and like I said that was the 2 cent explanation. S-corp could work too!