Partnership for an LLC - Recommendations
I'm in the process of closing on a home that I'll be in a partnership with someone else. We have written up a good list of terms that we're agreeing to atm, but I'm looking for some suggestions of lawyers to help me write up a legally binding document and possibly help us work through smaller kinks in out agreement to make sure we cover everything. I'm assuming we do this through a lawyer, unless I'm mistaken.
Any direction or suggestions of things to cover would be greatly appreciated.
Edit: I gave no details. We are doing a MTR where my partner would live in manage (we got 5% down) and I would be considered the bank as we're using my HELOC to fund the property. This is the essence of the deal. Some basics are she earns equity in the home as she manages year by year capped at 40%, all profit pays us back the amount we invested before we pull profit, she is paid 6% of collected rent for PMing, we would profit share equally once we get paid back, if she stops PMing then she stops gaining equity each year and only gets profit of her equity %, I am doing maintenance and repairs and will do business related things (accounting, leases, etc.) If I'm missing anything major it might be from forgetting.
TIA