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Updated almost 3 years ago on . Most recent reply

User Stats

154
Posts
44
Votes
Nicholas A.
  • Rental Property Investor
  • Dallas, TX
44
Votes |
154
Posts

Need Help With First Investment - Entity Formation

Nicholas A.
  • Rental Property Investor
  • Dallas, TX
Posted

Hello,

My partner and I are working through the early stages of developing our first single family home. I have filed for the formation of our LLC. I did not however submit an operating agreement. I believe we need to submit one once it is formed to show breakdown of profits and what will be paid to my partner and I and to our investors. I have only ever created a single member LLC for my STR, so this is out of my ability...at the moment.

I look forward to your response,

Nick Aja

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