Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Goals, Business Plans & Entities
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

Account Closed
  • Salt Lake City, UT
2
Votes |
43
Posts

Entity for investing in a mobile home park fund/LLC

Account Closed
  • Salt Lake City, UT
Posted

I am planning to invest in a Fund (set up as an LLC) that buys mobile home parks. I would be buying "Class B Shares." I would be a Class B Member of the LLC that owns the shares (Class A members are the ones setting up the offering.) Profits are split between the group of Class A members and the group of Class B members.

I want to make sure that if the parent LLC gets sued, then my individual self and my S-Corp (for a business unrelated to real estate) has limited exposure to the litigation. Perhaps the structure actually limits my liability and I don't have to worry about this?

Thanks,

Jeffrey Kovnick

Loading replies...