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legal structure of partnerships

Posted by william hoyman on July 29, 2001 at 12:05 AM

What is the best legal entity to use for real estate investment deals? (in your opinion). I have a C corporation already and I am about to embark on partnerships with two different people. They will be money/ advice partners and I will be doing the majority of the work. Is my corp. sufficient to utilize for the partnerships (as a partner itself)?, or should we set up L.L.C.'s or L.L.P's for each deal? Thank you for your respoonse.

We are all in California and the deals will be in L.A. and San Diego...


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