aa938750_s_PLLC__San_Antonio_and_Austin__4
[0] General Partnership [1] Two or more owners, called partners. No state filing required. [2] Dissolves upon death or withdrawal of a partner unless safeguards are in place in a partnership agreement. [3] All partners have unlimited liability [5] Typically each partner has an equal voice, unless they have agreed otherwise. [6] Not a taxable entity. Each partner pays tax on his/her share of income and can deduct losses against other sources of income [7] Yes [8] No [9] None [10] Contributions can be made from partners, and more partners can be added [11] No [4] 
Relatively few legal formalities.
Comparison of Business Entitites | Lamar & Associates PLLC, San Antonio and Austin
4