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Updated almost 9 years ago,

User Stats

5
Posts
1
Votes
James Gordon
  • Investor
  • Dublin, CA
1
Votes |
5
Posts

LLC or LP: Flipping Properties in California

James Gordon
  • Investor
  • Dublin, CA
Posted

Hi BP,

I'm setting up an investment club with 12 friends to flip property in California, our home state. Each of us will put in an equal amount of money. There will be one managing member (or general partner). What is the best entity to form? LLC? LP? Other?

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