Funding an LLC through the contribution of property

Jul 11, 2007 0 Replies

Three of us are forming an LLC (pass-through or corporate TBD) to do consulting. Only one guy has a decent laptop and the other two would have to buy new ones as soon as the business starts. Let's say each cost $3.5K (the top of the line MacBook Pro). How much initial capital money each of us should contribute to have a "fair" equal part in the business? The existing laptop can be contributed as a transfer of property if needed. TIA.



Gordon



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