What is the name of your state (only U.S. law)? Washington state
I am a venture capitalist and would like to invest in my friend's dental clinic. My friend is a fresh graduate and is looking for funds to open a dental clinic. We would like to form an LLC/LLLP/Corp/Partnership with my friend having 51% hold and I having 49% hold in the partnership. We would like to know the Washington state rules whether we should open LLC or LLLP or PLLC. I know with PLLC, I cannot be part of it since I am not a dentist. So please help to find the solution.
I am a venture capitalist and would like to invest in my friend's dental clinic. My friend is a fresh graduate and is looking for funds to open a dental clinic. We would like to form an LLC/LLLP/Corp/Partnership with my friend having 51% hold and I having 49% hold in the partnership. We would like to know the Washington state rules whether we should open LLC or LLLP or PLLC. I know with PLLC, I cannot be part of it since I am not a dentist. So please help to find the solution.