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Updated about 1 year ago on . Most recent reply

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11
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3
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Teri-Ann Pi
3
Votes |
11
Posts

Intial Contribution in Operating Agreement

Teri-Ann Pi
Posted

For a property I have in an LLC.... I'm writing my Operating Agreement and was wondering what y'all use as the "Initial Contribution"?

I could use the $100 I put into my LLC bank account, the initial value of $400k when transferring the property into the LLC, or some other number. Is there a benefit to using a higher value or lower value for the "Initial Contribution" in the Operating Agreement?

Thanks!

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