I have a LLC taxed as a partnership (LLC-1).
PartnerA 40%
PartnerB 25%
LLC (taxed as a C-corp) 35% (LLC-2)
Can I assign profit and loss for LLC-2 to be 0% ?
This LLC-2 is basically offering management services and receiving monthly guaranteed payment from LLC-2.
Yes, only if there is such a special allocation of profit/loss agreed by all partners.
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