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Updated over 3 years ago,
Do we need an LLC for our partnership?
My boyfriend and I are looking to buy our first house and house hack either a duplex or triplex. Since this is not just a residence but a business we think it’s smart to have a legally binding document that describes our agreed-upon partnership.
What is the best way to go about this? Create an operating agreement through an LLC? Or is there a way to form a contract without having to create an LLC?
Open to any other advice for this type of situation!
Thanks!