Posted by JHyre in Ohio on December 29, 2002 at 07:33:16:
In Reply to: Setting up a newbie rehab business posted by Jim on December 26, 2002 at 21:49:01:
Details matter, so this is a GENERAL guess, as opposed to tailored advice. Probably an S-corp (or maybe LP) for you (to save on SS taxes). Your investors could partner with your entity, but they get no liability protection. Extra entities provide such protection, BUT entities are also expensive in CA...$800/year filing fee, among other things.
John Hyre