For instance, if you're paying $5,000 in rent, and your place costs $1 million, you should think about buying after 11 years. But if you're only paying $700 a month for a place that costs $175,000, you'll pretty much never be better off buying. Those stats are just for the basic calculator.
Oklahoma LLC Requirements. After forming a limited liability company (LLC), you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability an LLC provides its owner(s).
An s corp can own an LLC. However, only single-member LLCs can own a stake in an s corp. One of the tax advantages of an s corp is similar to that of an LLC in that both can pass their profits and losses through to their personal income tax report each year. Generally the owners of a corporation cannot be held liable for the debts and obligations of the corporation.