LLC Set Up Question
Hello,
I have a question about setting up an LLC for wholesaling. Should my husband and I both be listed on the same LLC so we both can sign at closing? I am thinking maybe we both should be, but I assume that means we'd both need to attend all closings, or does it depend on our titles in the company? I would prefer, if possible, if either of us could sign as members of the same LLC at closing.
I almost thought of us each having a single member LLC, but the cost (before legal fees) in MA is $590 per LLC, so I don't want to do that until I need to.
Evenually, I may set up a separate LLC for rentals and maybe do wholesaling under an S Corp, if that turns out to be our primary income source.
Thanks,
Steph