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Hosted By: Pex A

Event Features: Real Estate Oriented

Diversified Investors Group - University City Sub Group June 19th, 2017 6:30-8:30PM Presented By: Joseph J Console Esq Discussion: Creation of LLCs and Operating Agreements for Purchase Properties related to Joint Ventures, Partnerships and Sole Purchases There are two sides to every coin. There are also two opinions when you have a partnership. The same is true when you form an LLC for your investment company. The taxation benefits that are usually granted to people that form an LLC for real estate make it quite the attractive business formation. Many beginning investors enjoy the protection that an LLC provides and the pass-through taxation instead of filing corporate tax returns. While there are many benefits to an LLC, a section that is often overlooked is creating an operating agreement. Knowing what is an LLC operating agreement for real estate investing is one thing most investors fail to research. This is where mistakes start and problems show up down the road.

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