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Updated almost 9 years ago on . Most recent reply

User Stats

114
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28
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Sean Gover
  • Rental Property Investor
  • Corrales, NM
28
Votes |
114
Posts

LLC and non LLC partner.

Sean Gover
  • Rental Property Investor
  • Corrales, NM
Posted

I have a sole LLC set up and was wondering if it was possible to have my LLC partner with someone outside my LLC? If so, how would I approach this?

Thanks

Most Popular Reply

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643
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407
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Rich Baer
  • Real Estate Investment Attorney
  • Kingsville, MD
407
Votes |
643
Posts
Rich Baer
  • Real Estate Investment Attorney
  • Kingsville, MD
Replied

If you are talking about buying a property with a partner it is simple enough. Your LLC would own 50% and the individual would own 50%. You would take title on the deed in that manner.

Rich Baer, Esq.

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