Updated over 9 years ago on . Most recent reply

How to set up an LLC with 2 people in different states?
What type of LLC should I form if my brother and I are about to start investing together as partners but live in different states? By what I've read so far I think I am to be a LLC taxed as an S corp. My other question would be if we should both be members that manage the LLC or start 2 different ones? Thanks for reading BP nation! Comments are welcome...