Becoming an equity owner in a startup, avenues for tax advantagement.
I am a PA resident who will becoming an equity owner in a TX charted startup. Let's call this WebTX.
I currently operate my own LLC. Let's call this MyLLC.
I could consider opening a DE corporation, or other state based corporation. Let's call this DeCorp.
First question: can the equity be owned by a corporation and not myself as a person? I would have to assume yes, but is this impacted that I will be an active and direct software contributor to WebTX and NOT merely an advisory partner or financial backer acting in a more passive role
Assuming the answer is YES, the equity can be held by a non-person entity that i fully control.
Second question: would there be any reason at all for this to be held by MyLLC instead of myself as a person?
Third question: what benefits would there be holding this equity in DeCorp? Is there any specific state that would be a clear winner in holding this ownership
over DE? I do see value in DE being in such a near proximity to PA but am not specifically tied to DE for any reason.
I understand the field of taxes and business planning is an extremely complex and infinitely deep rabbit hole. I do not expect a detailed plan to be provided to this response.
What I am seeking is confirmation that there is a reasonable avenue to explore or that there is no way to gain from being a "regular joe" and not an army of corporate lawyers. If there is a viable path, for brief information, terminology, examples that would allow me to direct my own personal research into these matters in-depth.