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Forming a LLC
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06-18-2007, 08:30 PM
4xjunkie
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Join Date: Jun 2007
Posts: 5
How to split profit/loss?
Hello, please allow me to join this thread.
To form LLC with a partner, how do we decide to split profit/loss? Can we do whatever we want? Is it possible not to pass through any profit/loss to one member?
Thanks,
4xjunkie
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