Investment in a syndication through an LLC?

[Bob Gruenig]

There is a syndication in which my wife and I would like to invest alongside with another couple. We have discussed forming an LLC to make such an investment together (e.g., we, as an LLC, would be one of several investors in the syndication). Is this best approach? If so, could you recommend any LLC templates or other forms that apply to this specific type of situation?

[Percy N.]

@Bob Gruenig, what @Chris Tracy may be trying to point out is that if you are creating a LLC and bringing in other passive investors into that LLC, your LLC may be subject to securities law.

The easier option would be to let each individual come into the syndication's LLC directly.

If you want to have your own LLC for your own benefit or where every member is active, that is another story.

Also agree with Chris that you should consult with an attorney.