17d • 🏘️ General discussion
Joint venture or syndication
My lawyer, Todd breaks down the difference between active and passive individuals. If you have active individuals who have decision-making power in your LLC and some roll in the operation they're active you can have very passive active investors.
But if someone just gives you money, you have all of the control of the deal, and they have no material participation, you must file a syndication.
Linked id a reel that explains this perfectly
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Joint venture or syndication
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