LLC operating agreement

[John B.]

So I'm stuck at filling out an LLC agreement of operation for a title company, I'm in the process of closing on a property. What is the initial contribution section referring to and the capital contribution page referring to?

[Chris Coleman]

@John B. the initial capital contribution is the initial amount of funds (i.e., capital) that each Member of the LLC put into the business when you first started it. Additionally, if you contributed "sweat equity" to get the business started, then you should assign a reasonable monetary value to your work as part of your capital contribution.