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Old 07-06-2008, 02:28 AM
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Join Date: Jul 2008
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can an LLC own C Corp Stock to prevent being labeled at Personal Service ?

So my husband and I formed a C Corp, we are both employees and owners of the C-Corp but, I just realized I may be labeled as PERSONAL SERVICE CORP WHICH WOULD KILL US.

SO who can I issue 6% of the stock to , to avoid the loss of C Corp status?

CAn you give it to your children?
Do you form another entity and issue stock to that entity such as an LLC?



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