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Goals, Business Plans & Entities
HomeForumsGoals, Business Plans & EntitiesCan I become an investor/member of an LLC with no recourse?
Larry Flanagan's profile image
Larry Flanagan's profile image
Larry Flanagan
  • Investor
  • from Midwest, USA
  • Member since May 31, 2012
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Larry Flanagan's profile image
Larry Flanagan's profile image
Larry Flanagan
  • Investor
  • from Midwest, USA
  • Member since May 31, 2012
Connect
Larry Flanagan
  • Investor
  • Midwest, USA
33
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204
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Goals, Business Plans & Entities

Can I become an investor/member of an LLC with no recourse?

Larry Flanagan
  • Investor
  • Midwest, USA
Posted Oct 9 2014, 10:36

I have been talking to a guy who is looking for equity investors to start a business. He plans on structuring the company as an LLC with each investor owning a % based on their contribution. I am interested, but I dont want to be liable for losses that exceed my initial investment such as leases and loans. Is this possible?

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