Updated almost 9 years ago on . Most recent reply
Utah LLC funded by international investors
I have several family members want to fund my deals in the State. What is the best way to do that?
Should I just borrow their money and wire to my personal account, then I transfer to my LLC? (they don't care if they are on the title or not)
Or open an LLC, and have them be the member of the board.
And how would they be taxed for the profit?
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Jay Hinrichs
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Jay Hinrichs
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there are tax considerations for foreign investors ... suggest you talk with account.. before doing this.
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