When dealing with a difficult business partner. Which is better? Owning a property as individuals or as an LLC.
Answered on: 8/14/13, 12:23 pm by Tatyana Agarunov
Unfortunately without knowing specific details about the transaction, it is very difficult to make any suggestions. It is not clear what is meant by "difficult business partner", plus if you know ahead of time that the partner could be difficult, it probably makes sense to avoid doing business with such an individual. Please call my office if you would like to discuss further (212) 920-5989.
This answer is not intended to create an attorney-client relationship. This answer should not supplant advice received from any attorney the questioner may have or obtained, as that attorney will be able to provide more thorough or informed advice.
I'm licensed to practice law in NY and NJ.
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