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Updated over 2 years ago, 07/30/2022

Gaurav A.'s profile image
Gaurav A.'s profile image
Gaurav A.
  • from Los Angeles, CA
  • Member since Jan 23, 2018
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User Stats

85
Posts
8
Votes
Gaurav A.'s profile image
Gaurav A.'s profile image
Gaurav A.
  • from Los Angeles, CA
  • Member since Jan 23, 2018
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Gaurav A.
  • Los Angeles, CA
8
Votes |
85
Posts
Tax, SDIRAs & Cost Segregation

Passive Co-GP|As an Individual or LLC| Recommendations & Reasons

Gaurav A.
  • Los Angeles, CA
Posted

Exploring to participate in real estate multifamily deal as a Passive Co-GP.  Co-GP who would not have any voting rights or management decision authority. The Co-GP will only bring in capital to participate. 

Should the Co-GP participate as an LLC or Individual?
Why as an LLC? 
Why as an Individual is okay and not okay in this specific scenario (Passive Co-GP)? 

Feel free to ask if other details are required. 

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