Is LLC Ownership really timesharing in disguise?
Is a Mercedes Benz really a Hyundai in disguise? The answer regarding these two automobiles is immediately obvious without further explanation. Although the level of luxury is markedly different, these two automobiles are very similar from the standpoint of function. Each will transport you from one point to another. Likewise, there is a similarity between LLC Ownership and timesharing ? the shared use of a furnished vacation home. However, this is where the similarity begins and ends. A major difference exists as to the level of luxury found in LLC Ownership. Additionally, there is a significantly higher degree of prestige and exclusivity. LLC Ownership typically involves 4 to 16 shareholders.