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Is LLC a good idea for investment in crowdfunding projects
Hi friends,
Crowdfunding sites such as crowdstreet, the deals are always structured using limited partnership or LLC, and investors are limited partners or members of an LLC. Theoretically they're protected from the liability perspective. This brings a question if there is a necessary to form single-member LLCs to invest in those deals to provide an additional layer of protection. Advices are greatly appreciated!