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Question about corporation, llc, partnership
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nlegler
Posted 2/7/2012 18:05 (#2211908)
Subject: Question about corporation, llc, partnership


NC Iowa
Okay quick question that hopefully someone can help me out with. As a beginning farmer would it be smart to set up a farm under a corporation, llc or a partnership? I am currently single but sometime down the road I'm sure I'll end up getting married, and as sad it is to say you always should plan for a divorce. Also what are advantages and disadvantages of each thing, and if you were starting out what would you do? I also put in partnership, because I'm sure once I get going my dad would be willing to form a partnership but I'm not sure how that works out. Thanks Guys.
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