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Updated about 1 year ago on . Most recent reply

Lora Krulak's profile image
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Lora Krulak
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Lora Krulak
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Personal Finance

group investment / forming an LLC

Lora Krulak
Posted

Hello!

I am investing in a new development with some others. This is our first investment together. Other than forming an LLC what other things do I need to do / look out for.

Thank you so much 

Lora

  • Lora Krulak
    • Miami, Florida
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    Paul Crosby II's profile image
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    Paul Crosby II
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    Paul Crosby II
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    Paul Crosby II
    • Lender
    • Columbus
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    Paul Crosby II
    • Lender
    • Columbus
    Replied

     I would suggest having an attorney on standby as well. 

    An LLC is nice but you should have documentation and process around member duties, how to liquidate one's ownership and how you will exit properties to name a few.

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