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Updated almost 6 years ago,

User Stats

46
Posts
2
Votes
Eli Rods
Pro Member
  • Long Island City, NY
2
Votes |
46
Posts

Net worth calculation as an LLC partner

Eli Rods
Pro Member
  • Long Island City, NY
Posted
Hi Fellow BPers, How is personal net worth calculated when you are a partner in an LLC? Assuming I owe 25% in an LLC that owns and operates a hotel, I take into account the value of the property (25% of my share worth) BUT do I also take into account liability which is the mortgage loan amount issued to the hotel as well (25% my share of loan amt)? Any advice is appreciated please. Thank you.
  • Eli Rods
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