LLC for Turo

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If you’re renting cars for business purposes, you may wonder if you need to create a limited liability company (LLC). This article will answer that question and help you understand the benefits of having an LLC for your car rental business.

LLC Pros & Cons

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If you’re considering forming an LLC for your business, it’s important to weigh the pros and cons of this legal structure. While there are many benefits associated with limited liability companies such as protection from creditors or lower levels of taxation on profits than corporations, there are also some disadvantages that need to be considered as well.