Can an LLC purchase and own an S-Corp?
by petrosianii, Window Shopper
- Created: April 23, 2010, 9:35 am
Really, I have two related questions:
1. whether an LLC can purchase/own another LLC, S-Corp or Corporation?
2. If so, then if the corporation applies for a business credit card/line of creidt with its EIN, can the LLC then be the 'guarantor' of the corp.?
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