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Updated about 10 years ago, 11/03/2014

User Stats

65
Posts
3
Votes
Guillaume Derouet
  • Investor
  • Ann Arbor, MI
3
Votes |
65
Posts

Operation agreement

Guillaume Derouet
  • Investor
  • Ann Arbor, MI
Posted

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