Updated over 9 years ago on . Most recent reply
How to structure a partnership
I am looking to close a big deal on a multifamily rental unit. instead of going solo and expensive investor financing I have a network of friends with cash. All if them will joining the deal as partners. To keep it simple everyone will investing equal amount of money.
Has anyone done a partnership like that ? What type of legal entity will give maximum tax benefit. LLC or LLP?