Posted by Charlie Ho on August 01, 2004 at 16:29:31:
Thank you Marc. I value your advice very much
Real estate LLC operation agreement - Posted by charlie ho
Posted by charlie ho on May 22, 2004 at 01:21:33:
Hi all,
Would you please tell me where I can find a boiler plate for the Real Estate LLC operation agreement. I have a group of investors and I need to discuss all details before forming.
Thanks,
CH
510-675-0424
Re: Real estate LLC operation agreement - Posted by Geoff Johnson
Posted by Geoff Johnson on November 15, 2004 at 20:44:25:
“It’s clearly a budget. It’s got a lot of numbers on it.”
George W. Bush
May 5, 2000
Reported by Reuters.
levitra cheap levitraDOS Beer: Requires you to use your own can opener, and requires you to
read the directions carefully before opening the can. Originally only
came in an 8-oz. can, but now comes in a 16-oz. can. However, the can is
divided into 8 compartments of 2 oz. each, which have to be accessed
separately. Soon to be discontinued, although a lot of people are going
to keep drinking it after it’s no longer available.
buy levitra order levitra online[Family is sitting at Table. After Apocalypse. Eating eggs on random pieces of
metal]
Lois Griffin: It’s Ok. Right before the Apocalypse, Peter bought a year’s worth
of food.
[Camera Goes to Peter. He’s just finishing off the last of the food]
Lois Griffin: PETER. You just finished off a years supply of food.
Peter Griffin: What a waste. I’m still hungry.
[Peter drinks a glass of water and gets really bloated]
Peter Griffin: Everyone leave. I have to poop.
[Everyone looks at him]
Peter Griffin: NOW.
Use Bill Bronchick! - Posted by Marc in Portland
Posted by Marc in Portland on May 24, 2004 at 10:17:21:
No, no, don’t use a generic LLC operating agreement. Heck, those are free. Use www.legalwiz.com. It’s for a real estate-specific LLC, including the appropriate tax codes. I have used it successfully in several LLC’s, and my local attorney couldn’t find anything to add to it. But you can still make changes.
Tip: To avoid future disagreements between the partners, use a Manager-Managed LLC and you be the manager. You make all the decisions, and if your partners don’t like it, they can fire you. But that’s their ONLY option…everything else is your call. If they won’t agree, don’t do the deal.
Remember, tax-wise, once a partnership, always a partnership: You guys will pay capital gains tax if you don’t 1031 the property into another one, and another, and another. When you break up the partnership, you’ll pay tax.
Marc in Portland
Re: Real estate LLC operation agreement - Posted by Don Dion
Posted by Don Dion on May 23, 2004 at 24:02:03: