LLP or LTD for mixed age Joint Venture
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LLP or LTD Co.? We are a group of 4 individuals – all 40% tax payers looking to do a Commercial to Residential flip. Gross Development Value (GDV) £2.2M Net profit £450k (when the last of the 12 Residential units has sold!)
We will be borrowing from friends and family as well as the “banks”
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