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Updated over 9 years ago,
Is it a good idea to form an LLC
Hello BP,
First off let me apologize if this question has been answered already.If it has just drop a link and I will do the research from there.
I'll make this quick
We are three USAF veterans all under 27 years old. We are looking to invest in real estate in various cities of Atlanta Georgia primarily to flip the properties to generate capital and later transition into a mi off buy and hold flipping.
We do not have a lot of cash liquidity babe collectively 15k
I was curious is it good idea for us to form a LLC/ partnership so that we can invest collectively.
On second thought I have had the idea to use veteran benefits but I was made aware that we would not be able to use vet benefits in this way because it is now a business.
So basically should we form an LLC if we plan to invest together as partners