What is the best way to structure an LLC with multiple members?

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Hi everyone, I was looking into starting an LLC for the purpose of flipping properties.

This LLC would be with 3 different members all who would be putting in different amounts for each flip.

My question is, what is the best way to structure this and secondly, how does taxes work? (is this the best way so that each person pay taxes on their own using a K-1?)

Thanks