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Updated about 7 years ago on . Most recent reply

Partnering up / Entity structure
I am looking to partner with someone out of state from me. I am bringing the (majority of?) capital and he will be boots on the ground/management. Additionally, I see this as having potential to be a larger relationship, in which I raise capital from private investors and bring them to him.
Can I please have your recommendations/comments about different ways to structure this, both in the short term and long term.
Thank you in advance!