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Updated over 6 years ago on . Most recent reply

Tucson Asset Lawyer Recommendation/Structure Question
I know we are all mourning the loss of our wildcats but I am looking to transfer properties to an LLC for the first time. I've been reading a lot of articles on BP but It still is beyond my depth.
Firstly, I'm investing with a single partner now but would like to invest with other equity partners in the future. To me this means separate LLCs per property with different owner groups.
Secondly, will I have to hire a bookkeeper or accountant for anything but tax returns in AZ if my property manager is taking care of bookkeeping for my properties?
Lastly, I would really appreciate any recommendations for lawyers in AZ. Thanks guys and I'm excited to keep pushing!
Most Popular Reply

When we do a joint venture, we do both an LLC operating agreement and a joint venture agreement, the language states that the JV agreement supersedes the operating agreement if there is a conflict. The property is titled to the LLC. The specifics of this, and why, are definitely best discussed with an attorney.