[LLC's

iras1 on

LLCs are state-created entities. Therefore, there is no specific tax treatment for an LLC - it could be treated as a corporation, a partnership, or a disregarded entity. Without knowing the specific potential investment, you can't get a definitive answer.

Ira Smilovitz

In a message dated 6/13/2012 10:16:40 A.M. Eastern Daylight Time, jaynegrd@sbcglobal.net writes:

Our club is interested in purchasing a LLC. Does bivio handle LLC's or is it better to steer away. I know you don't recommend MLP's for clubs due to the accounting problems.

JAYNE GILBERT on

Thanks Ira. We are looking at Linn Energy (LINE)

From: "IraS1@aol.com" <IraS1@aol.com>
To: club_cafe@bivio.com
Sent: Wed, June 13, 2012 9:24:17 AM
Subject: Re: [club_cafe] Re: [LLC's

Ira Smilovitz

In a message dated 6/13/2012 10:16:40 A.M. Eastern Daylight Time, jaynegrd@sbcglobal.net writes:

Our club is interested in purchasing a LLC. Does bivio handle LLC's or is it better to steer away. I know you don't recommend MLP's for clubs due to the accounting problems.

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