Legal and Tax Structure Options
As construction on the Oakley Home 2.0 @ 3874 Isabella nears, one of the items I am in the process of working through is finalizing the legal and tax structure for this project. Oftentimes real estate developments, including single-family homes, are structured through a Limited Liability Company (LLC), but I need to confirm whether or not that is the best scenario for this particular project. I'm certainly not an expert on this subject, but fortunately I know some legal, financial and insurance folks who are and will report back with their recommendations in a future blog post.
In the meantime, I have started to fill out the Articles of Organization paperwork for a Domestic Limited Liability Company in the event I might need it.