Investment Club

A couple friends and I are starting a long/short fund at our school just for fun. Was wondering if anyone here has any background on how to structure the entity? We were thinking LLC would be the way to go, but in an LLC with a partnership, everyone would have to file taxes separately. Is there any way to structure the fund (without incorporating) such that it is taxed as one single entity?

A potential caveat is that we all play on the same team and want to eventually pass down the fund to younger classes once we graduate.

We really have no clue on how to proceed, so any input would he greatly appreciated.

2 Comments
 

Prospect in IB - Gen, sorry about the lack of response. Maybe one of these topics will help:

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If those topics were completely useless, don't blame me, blame my programmers...

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