What is the difference between LLC and LLP?

Related questions

1. Should I dissolve my LLC?
2. What can an LLC write off?
3. Can IRS come after an LLC for personal taxes?
4. Why should my business be an LLC?
5. Can LLP borrow money from public?
6. Which is better an LLC or S Corp?
7. What is the difference between LLC and LP?
8. What is an LLC in simple terms?
9. How much does an LLC cost?
10. What is better LLP or OPC?

Tags

1. #corporation
2. #reported
3. #personal
4. #taxed
5. #profits
6. #partners
7. #taxes
8. #single
9. #business
10. #where
11. #whereas
12. #member
13. #partnerships
14. #least
15. #income
16. #proprietorship
17. #losses