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Updated over 2 years ago on . Most recent reply

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Bob Schuster
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Commercial Syndication Question (Efforts of Promoter)

Bob Schuster
Posted

Hi there Bigger Pockets, was pointed here by a friend on this one as a resource. 

I hate attorneys. Working with one on a possible commercial venture and they seem to think it's a security based on an "efforts of the promoter" argument. Has anyone encountered this? 

I'll probably consult another attorney on it, but if anyone has resources or experience on this I'm interested. May cut down the costs to pay another attorney's yacht fees.

Thanks  

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