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  1. #1
    Join Date
    Sep 2007
    Posts
    1

    Default Choice of Entity for a Hunting Camp

    A group of 4 purchased land and are in the process of building a camp .In order to protect their personal assets from something that could occur at camp,they would like to organize and register a camp under a name and then insure camp so and so.Which is the better route,LLC or LLP,or neither.
    This is in Pennsylvania.
    Thank You

  2. #2
    Join Date
    Jul 2007
    Location
    Florida
    Posts
    1,340

    Default Re: Choice of Entity for a Hunting Camp

    What kind of camp? Is it for personal use, or will it be operated as a business? I would not create a sham company in an attempt to limit liability on personal use property that is not really a business. There are better ways to handle it, like buying insurance. But if it is truly a business, you'll likely want an LLC.

  3. #3
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,441

    Default Re: Choice of Entity for a Hunting Camp

    If it's truly going to be a business, I would be inclined toward a corporation (and, as everybody seems to agree, getting an appropriate level of insurance).

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