Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Tax, SDIRAs & Cost Segregation
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago, 09/22/2019

User Stats

2,089
Posts
1,159
Votes
Mike Reynolds
Pro Member
  • construction
  • Nacogdoches, TX
1,159
Votes |
2,089
Posts

LLC question for RV park

Mike Reynolds
Pro Member
  • construction
  • Nacogdoches, TX
Posted

I have four lots I want to build an RV park on the water. The guy that has the neighboring lots has contacted me about going in together and making a bigger lot. There are two lots owned by the county that we could get a long term lease beside our lots. This would essentially give us the land from East Galveston bay to the hwy. 

Is it possible to structure an LLC just for the RV park and not include the land? My concerns are this. My part is on the water while his is in the middle. I have no problems with trust of the potential partners as of right now. They are good honest people I have known for years. It's if they ever sell their part I don't want my water front property to be fractionalized by someone else.

  • Mike Reynolds
  • Loading replies...