Question related to leasing equipment to business.

Discussion in 'Accounting and Taxes' started by Serialtradetech, Jan 13, 2018.

  1. Serialtradetech

    Serialtradetech
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    I'm starting up an LLC (with S-Corp election) in my state to trade futures & equities. The main concern I have is determining at what point setting up another entity to lease business assets to the LLC would be worth it.

    I was thinking of getting someone with more stuff to start an LLP with and lease the assets through there (further reducing liability), but not sure if it'd be worth the hassle over leasing personally, esp. since I'm not making or expecting >300k/yr.

    Kind regards,

    STT
     

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