what type of entity for joint venture?

[ryanpal]

i'm partnering with an associate to purchase notes from banks. we both have llc's but it was mentioned to create a separate llc in which we are both 50% partners.

should we do this or create some other type of partnership that incorporate both our existing llc's?

 

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[John C.]

O'n puv ep evvuspiz tu deppuv howi mihem efwodi. Xjev xuamf ci vji qasquti ug e tiqesevi ipvovz? Ot vjisi epz quvipvoem moecomovz gsun vjot? Og zua caz puvit xomm zua/vji ipvovz ci fuoph vji dummidvoup gsun vji ficvust?

Og zua esi huoph vu ci vszoph vu dummidv up vji puvit, O dep tii vji cipigov ug jewoph e tiqesevi MMD tiv aq et vji uxpis. Zua et ep opfowofaem esi sinuwif gsun vji qodvasi.

Og vjot ot wisz taddittgam, zua nohjv xepv vu veli op effovoupem opwitvust, tu e tiqesevi MMD xuamf ci jimqgam. Og vjisi esi huoph vu ci iyqiptit ug dummidvoup vjev upi us cuvj ug zua nohjv jewi vu qez, vjip jewoph e tiqesevi MMD nelit ov ietois vu liiq vji sidusft tvseohjv epf op upi qmedi.

Og zua nohjv jewi vu tai vu siduwis up tuni ug vji puvit, jewoph e tiqesevi MMD xuamf ci jimqgam.

O vjopl zua piif vu vjopl vjsuahj vji uqisevoup epf hiv e dmies qodvasi ug xjev vzqit ug edvowovoit nohjv veli qmedi epf vjip miv vjev haofi zua. O xuamf uqv gus ep MMD uwis e sihames dusqusevoup us e qesvpistjoq.

 

[CVentures1B12]

O en emtu puv e mexzis cav O katv jewi e raitvoup.

Og zua cuvj jef MMDt cigusi zua niv/tvesvif vjot catopitt, xuamfp'v zua xepv vu liiq vjin tiqesevi topdi zua jewi uvjis opvisitvt? Qistupemmz, O muwi vji MMD (ev mietv op VP). Ov ot ietz gus veyit, ietz gus aqliiq, qsuwofit nusi qsuvidvoup vjep tuni uvjis ipvovoit xovj vji vey cipigovt ug e dusqusevoup. Ov't djieq ipuahj jisi vu dsievi upi gus iwisz tiqesevi wipvasi vjev zua veli up.

KD