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Updated about 7 years ago,
Partnership through LLC
I am considering creating an investment group with possibly 8 to 10 members for the purpose of real estate investing. Had a few questions if anyone can help me. First, is it beneficial to create an LLC with the 8-10 members and purchase properties through the LLC? Second, how would the titling of the properties be, would it be assigned to the entity that is formed? Lastly, what are some of the tax ramifications if anyone experienced creating an investment group? If there is an approach that is more effective, please advise.