How taxes work?
Florian Huchedé
Last Update 1 เดือนที่แล้ว
It is important to understand the exact mechanism by which you own the underlying property because different structures have different tax treatments.
Most properties are held by an LLC holding entity, even if there is only one owner of the LLC. LLCs are pass-through entities, which means the entity itself doesn’t pay taxes but passes on the responsibility to its owner(s) instead. Unlike single-member LLCs, multi-member LLCs are treated, by default for tax purposes, as a partnership. Partnerships are also pass-through entities but differ in a few ways.