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Updated over 10 years ago on . Most recent reply

John Buchanan's profile image
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John Buchanan
  • Investor
  • from Falls Church, Virginia
  • Member since Jul 4, 2014
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John Buchanan's profile image
John Buchanan's profile image
John Buchanan
  • Investor
  • from Falls Church, Virginia
  • Member since Jul 4, 2014
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John Buchanan
  • Investor
  • Falls Church, VA
2
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40
Posts
Tax, SDIRAs & Cost Segregation

Forming a LP or LLC with others?

John Buchanan
  • Investor
  • Falls Church, VA
Posted

I along with 3 other individuals are looking to pool our resources together to acquire a multifamily rental property. we're curious which legal structure is better, LP or LLC? each of us will likely contribute equal amounts, if that has any bearing.

thanks

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Account Closed's profile image
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Account Closed
  • from Cleveland, Ohio
  • Member since Jul 4, 2014
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Account Closed
  • from Cleveland, Ohio
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Account Closed
  • Cleveland, OH
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Account Closed
  • Cleveland, OH
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Talk to a local real estate attorney, they are many regulations that might apply specifically to your area. 

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