Summary

JurisdictionWashington

Chapter Details

Summary
§1.1 Introduction
§1.2 Summary of Critical Factors
§1.3 Advantages and Disadvantages of Organization Type
(1) Personal Liability
(a) General Partnerships and Limited Liability Partnerships (LLPs)
(b) Limited Partnerships
(c) Corporations (Including S corporations)
(d) Limited Liability Companies (LLCs)
(e) Summary and Comparison
(2) Tax Considerations
(a) Federal Income Tax Classification
(b) Other Tax Considerations
(i) Distributions
(ii) Basis in Entity Debt
(iii) At-Risk Limitations
(iv) Passive Activity Limitations
(v) Self-Employment Tax
(vi) Tax on net investment income
(c) General Partnerships
(i) Tax Classification
(ii) Distributions
(iii) Entity Debt
(iv) At-Risk Limitations
(v) Passive Activity Limitations
(vi) Self-Employment Tax
(d) Limited Partnerships
(i) Tax Classification
(ii) Distributions
(iii) Entity Debt
(iv) At-Risk Limitations
(v) Passive Activity Limitations
(vi) Self-Employment Tax
(e) Corporations
(i) Distributions
(ii) Entity Debt
...

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