Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

3
Posts
0
Votes

Add spouses to our new LLC?

Posted

My business partner and I are starting a real estate development company and are forming our LLC. We're each married and are wondering what the pros and cons are to adding our wives as members. Both wives are stay at home moms and are included in all decisions, though not super active in the business. We'll be sure to be very specific about what happens with any life events in our operating agreement either way. I'm sure this choice has tax implications, liability implications, maybe lending implications, and definitely implications I'm not thinking about. Any information, experience, or guidance is greatly appreciated. Thanks!

Loading replies...