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Interesting. I still think you can get around this with active vs passive. I personally have had investors use LLC's who have less than $5mm in assets, but we
by Brushfire 18y ago
Interesting.
I still think you can get around this with active vs passive. I personally have had investors use LLC's who have less than $5mm in assets, but we set them as an active investor. This was done by an attorney with expertise in the area.
- tptacek 18y agoThe risk here is that if you screw anything up, you taint the company that issued the stock in ways that make it hard to get investment in the future, and that expose it to legal threats. I'd love to hear more about how you pulled this off, but my real point is, there's no "cut-and-dry" way to invest safely in a small private company through an LLC.