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Updated about 2 years ago,
How to structure deal for co-investor on already held real estate
I own a house through an LLC which exists solely for this one piece of property. I'd like to get another investor on board for, let's say 50%. How can get another investor on board with full legal protection? Can I sell 50% of the LLC thus entitling the other person to 50% of the income and debts of the business which includes this house asset?
This is new territory for me and I'm not even sure I know the questions to ask. I only know the final result I want which is legally protected joint ownership of this house with one or more other investors.
Can anyone speak to me about how I might accomplish this?