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Updated almost 4 years ago,
New Jersey Real Estate Attorney - Essex and Union County
Hello fellow BPers!
A potential partner and I are looking to JV on a fix 'n' flip in Essex County, NJ. Looking for an investor friendly real estate attorney who can help partner and I determine which is best route to JV. Should we both create individual LLCs and then have the individual LLCs form a JV? Is it better for both parties to form one LLC? What are other options? Pros and cons of each? Want to make sure that we chose the best possible (and cost effective) business structure to maximize benefits, reduce tax liabilities, and offer best protection of personal assets for both parties. We would also want someone who can represent us in REI transactions. Any suggestions would be greatly appreciated!
Thanks!