Partnerships And LLC's
I am under the impression that in CA, one pays a substantial fee ($700-800) per year to own and operate a partnership, or LLC, or INC.
I was thinking about starting a partnership and investing under that business name.
If we incur expenses (marketing, advertising, etc.) can we charge that against the company name so that the businees fees come back to us at tax time?
Start an LLC in Delaware. You can start a business in any state you want to.