How to structure our LLC

[Jesse Hodges]

My wife and I want to create a real estate LLC . What are the pros and cons of creating it as equal partners verses one of us as the sole prioritor and the other being an employee?

[Chris K.]

@Jesse Hodges

It depends on several factors including where you are. Each state and country has different laws when it comes to how it views martial assets. Hard to comment on anything without more information.

Disclaimer: While I’m an attorney licensed to practice in PA, I’m not your attorney. What I wrote above does not create an attorney/client relationship between us. I wrote the above for informational purposes. Do not rely on it for legal advice. Always consult with your attorney before you rely on the above information.