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Updated over 3 years ago on . Most recent reply
How best to Structure Partnerships
I am buying small multi-family properties. Currently I have a 4-plex and a duplex with one partner (Partner A) and I am under contract with another duplex but plan to buy it with a different partner. (Partner B)
The two properties bought with Partner A are in an LLC and my intentions were to start another LLC with Partner B. I am great at finding deals and bringing along other partners to help fund them.
My question is do I have to start a new LLC with each partner or is there an easier way to structure this? My fear is having 15 different LLCs!
Any advice would be appreciated!
Most Popular Reply
@Justin Hroch - Your time would be better spent consulting with an attorney on this one