All Forum Posts by: Marco Cruz

Hey Sean, thank you for your reply!

Initially this was how I wanted to structure my business but got discouraged by an accountant who told me that I may loose my liability protection if my LLC is a member of others. I am not sure how true this is or if it would just be more paper work and organization which is not problem but maybe you'll be able to clarify that for me.

Thank you!

Thank you Daniel, the loan route is one i have been considering and doing research on. If I do not find a better way i will go that route. Another way I was thinking is having my Parent LLC, where I am 100% owner, be a member of the other LLCs i would create with new deals and or investors. The only drawback I have found in this method is I may loose the Liability protection on my Parent LLC if one of the other LLCs has a problem since it would be listed as a Member.

 I used to be a realtor, and had a construction business for about 2 years. I have a new career now but recently started Investing in Real estate due to my past experiences and flexibility in current job. I will be reinstating my Realtor license by next week.

So I've been breaking my head for the past couple of weeks, and no accountant or attorney have been able to point me in the right direction for how my LLC should be structured. (Disclosure I'm a Newbie investor, for now) (New Jersey)

Basically my business will work this way. I'll look for an investor then find a deal. He funds the full deal from property acquisition to renovation, etc. I ran the whole project and he'll just be updated on progress. After we sell the property we will splits profits as agreed upon, (30/70, 40/60)whichever. So here's my question, how/what is the best way to structure this business Model. I will be full owner of my LLC, ABC LLC, but I do not want to add investors as partners in my business because I do not want to end up with 10 different partners under my LLC as my business grows. Each investor will fund their seperate deal, Investor A gives me funds we buy Property A, investors B gives me funds we buy Property B and so on.

How do I structure this model, do I need new LLC with each investor I get, Limited Partnerships, have my LLC be the parent company of the others LLC, any ideas or can someone clarify this or even ask questions to maybe help me figure this out.

So I've been breaking my head for the past couple of weeks, and no accountant or attorney have been able to point me in the right direction for how my LLC should be structured. (Disclosure I'm a Newbie investor, for now) (New Jersey)

Basically my business will work this way. I'll look for an investor then find a deal. He funds the full deal from property acquisition to renovation, etc. I ran the whole project and he'll just be updated on progress. After we sell the property we will splits profits as agreed upon, (30/70, 40/60)whichever. So here's my question, how/what is the best way to structure this business Model. I will be full owner of my LLC, ABC LLC, but I do not want to add investors as partners in my business because I do not want to end up with 10 different partners under my LLC as my business grows. Each investor will fund their seperate deal, Investor A gives me funds we buy Property A, investors B gives me funds we buy Property B and so on.

How do I structure this model, do I need new LLC with each investor I get, Limited Partnerships, have my LLC be the parent company of the others LLC, any ideas or can someone clarify this or even ask questions to maybe help me figure this out.

So I've been breaking my head for the past couple of weeks, and no accountant or attorney have been able to point me in the right direction for how my LLC should be structured. (Disclosure I'm a Newbie investor, for now) (New Jersey)

Basically my business will work this way. I'll look for an investor then find a deal. He funds the full deal from property acquisition to renovation, etc. I ran the whole project and he'll just be updated on progress. After we sell the property we will splits profits as agreed upon, (30/70, 40/60)whichever. So here's my question, how/what is the best way to structure this business Model. I will be full owner of my LLC, ABC LLC, but I do not want to add investors as partners in my business because I do not want to end up with 10 different partners under my LLC as my business grows. Each investor will fund their seperate deal, Investor A gives me funds we buy Property A, investors B gives me funds we buy Property B and so on.

How do I structure this model, do I need new LLC with each investor I get, Limited Partnerships, have my LLC be the parent company of the others LLC, any ideas or can someone clarify this or even ask questions to maybe help me figure this out.