http://bestemailmarketingsolution.com/my-business-is-a-general-partnership-we-are-bringing-along-a-third-member-what-is-best-now-llc-or-corp/ Fri, 10 Sep 2010 15:50:58 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://bestemailmarketingsolution.com/my-business-is-a-general-partnership-we-are-bringing-along-a-third-member-what-is-best-now-llc-or-corp/comment-page-1/#comment-597 Small Business Thu, 18 Feb 2010 03:43:41 +0000 http://bestemailmarketingsolution.com/my-business-is-a-general-partnership-we-are-bringing-along-a-third-member-what-is-best-now-llc-or-corp/#comment-597 Technically, no, you can have a 3-way partnership. However, picking the right ownership structure is a long topic, and not something we can explain in two or three paragraphs, as it involves property and asset protection, taxes, legal rights and limits, and so on. Your choices are General Partnership Limited Partnership LLC C Corp S Corp I would recommend you to buy a book and read in detail on what each is good for, or consult a real professional. Technically, no, you can have a 3-way partnership.
However, picking the right ownership structure is a long topic, and not something we can explain in two or three paragraphs, as it involves property and asset protection, taxes, legal rights and limits, and so on.
Your choices are
General Partnership
Limited Partnership
LLC
C Corp
S Corp
I would recommend you to buy a book and read in detail on what each is good for, or consult a real professional.

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