August, 2009
A real estate investor recently said she want to raise capital by selling membership interests in an LLC but didn’t know how to divide the membership interests appropriately. The answer is simple don’t.
With an LLC you do have several options–First you can divide up the LLC pie (so to speak) into Units–which are the equivalent of shares of stock in a corporation. For instance, Martha Stewards company issued LLC units when it went public . . . well you could have your LLC issue any number of [...]
