LLC vs. LLP: Tax Treatments and Investor Protections

Taxes

Choosing a business structure is one of the first major decisions entrepreneurs and investors face. It’s choice that can have lasting implications for taxes, liability protection and day-to-day operations. Two common options are the limited liability company (LLC) and the limited liability partnership (LLP). While these business structures offer some…

More than 300,000 empty lots could ease US housing shortage, Zillow says

Markets

More than 300,000 empty lots listed for sale could help reduce America’s housing shortage, according to new research from Zillow. The real estate company said 300,242 empty lots of five acres or fewer were listed for sale on Zillow in June, accounting for 17.4% of all for-sale listings.Building one home…

Alphabet expands Miami office amid California billionaire tax push

News

Google reportedly expanded its office presence in Miami this year after two of its co-founders purchased houses in South Florida. Alphabet, the parent company of Google, signed a lease expanding its existing 10,000-square-foot satellite office in Miami’s financial district by an additional 45,000 square feet, two people familiar with the…

Cathie Wood calls SpaceX ‘most important company’ amid stock pullback

Markets

ARK Invest CEO Cathie Wood is defending her fund’s stake in SpaceX, declaring the aerospace and satellite network pioneer could become the “most important company in global history” despite the stock’s recent slide and an upcoming $116 billion share unlock. During an interview on “Mornings with Maria” Wednesday, Wood explained…