Qualifying Process For LLC Investment Groups

[Eduardo Blanco]

Hello, my partner and I are about to register an LLC structured REI group. We are not clear about how to explain to our potential members how the qualification process works in relation to the qualifying process.

We've been told that TIN will represent the members "collectively" instead of each member having to submit personal information everytime a property is purchased.

Please give us insight on the process as it relate to an LLC Investment Group.

Thanks,

Ed