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Updated about 10 years ago, 11/03/2014
Operation agreement
Hi Guys, how to structure your operation agreement for your rentals properties under different LLC's?
I have a main LLC that my tenants are paying to, but each one of my rental properties have a separate LLC. So, for the operation agreement do i write : my main LLC owns 50 % & the rental LLC owns the other %50? But what about me? I know i own all of it but how to structure it to protect me and my assets ?
Please help.
Merci.
Guillaume