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Updated almost 9 years ago,
LLC Templates Where One Person Supplies Capital; Other, the work
Just curious if anyone has come across an operating agreement that speaks to the situation where one person is supplying the capital and one person is providing the services, finding property, placing tenants, etc. While it is a 50/50 interest split, we would like to make the person who is securing the tenants and finding the properties capable of receiving a large distribution each year based on those fees.
I'm hoping for some sort of template or language that someone has come across so I can put something together before seeing the attorney (I am an attorney but do not practice this area of law and will have a reduced rate if I put something together prior). Would love any thoughts!