Why a Person and 2 partners staring a business would start a business using a LLC. Please explain why they would choose the formation of an LLC why it would be used vs a C or S Corporation and the advantages of the LLC over these. Then please talk about the operation of the LLC and how distributions would be taken from the LLC. I need a really complete analysis of this and need to show the advantages when taking distributions vs. the C and S Corporations. The more extensive the better. Ideally, it would be in a table format to be used for comparison purposes.
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