Cohousing-L Mailing List: Re: LLC, LLP, LP, LLLP

[Sharon Villines (sharon]

Why incorporate? It is expensive all along the way. In some states you can inc. 
yourself easily but there are still fees. And then there are annual fees and 
then taxes.

Sharon

> On Jun 12, 2021, at 5:47 PM, CLAIRE KEGERISE <ckegerise [at] comcast.net> 
> wrote:
> 
> Newark Area Cohousing Organization (NACO) is a forming group in the Newark, 
> DE area. We are in the process of setting up our entity. For those who have 
> incorporated in Delaware (even if you aren't located in-state), did you 
> choose LLC, LLP, LP, or LLLP? I'm not sure all states have the same criteria 
> for these entity designations. I recognize the need to have a multi-member 
> entity, I just don't know which is best/simplest. Is EVERYONE a member of the 
> company, or just a core group? If so, do you have to file a form every time 
> you add someone? I'm going to call the DE Division of Corporations for info, 
> but want to also know how others handled this.
> Thanks,
> Claire Kegerise
> NACO
> ckegerise [at] comcast.net
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