For members of multi-member LLCs, partnerships & S-Corps
Is Your Operating Agreement Costing You Money?
If you own a piece of a business or a real estate deal, your operating agreement controls how you're taxed. Most are written for legal protection — not tax efficiency. That gap is where value leaks.
This Is for You If…
Anyone with an ownership stake in a multi-member LLC needs to understand what their operating agreement says — and what it doesn't.
Real Estate Sponsors & GPs
Raising capital from investors? Your allocation language drives every K-1 you issue.
LP Investors
Investing in a deal? The operating agreement determines your tax treatment — not the pitch deck.
Business Co-Owners
Running a multi-member LLC taxed as a partnership or S-Corp? Your operating agreement is your tax rulebook.
CPAs & Tax Preparers
Preparing partnership or S-Corp returns? The operating agreement is the source document you can’t ignore.
The Problem No One Talks About
Your Operating Agreement is the rulebook the IRS and your tax professional must follow. The words on those pages determine who gets income, who takes losses, who pays tax, and how cash leaves the deal.
But here's the disconnect: most operating agreements are drafted by attorneys focused on liability protection — not tax optimization. And most CPAs never read the agreement at all.
The result? Misallocated income. Phantom tax bills. Blown S-elections. Angry LPs. And in the worst case, the IRS rewriting your allocations for you.
Tax-Smart Operating Agreement Analysis
Identify What’s Missing
We review your operating agreement against a comprehensive tax checklist covering allocation language, minimum gain provisions, profits interest safe harbors, and more.
Explain What It Means
Complex tax code references translated into plain English. Understand how your operating agreement drives your K-1s and what that means for your bottom line.
Show You How to Fix It
Sample clause language, amendment recommendations, and strategic playbooks for common deal structures.
Choose Your Level of Depth
From a free email course to the complete toolkit — pick what fits your needs.
OA Tax Basics
$0
A 5-part email course covering allocation language, liability allocations, minimum gain, and practical tips. Plain English. No fluff.
Get Yours FreeTax Review Bundle
$47
- Decision Matrix
- Top 10 Red Flags one-pager
- 30-min recorded walkthrough
Tax-Smart Package
$297
- Full whitepaper with case studies
- Sample Language Library
- Loss Allocations Deep Dive
- Everything in the $47 Bundle
Built by a CPA Who Reads Operating Agreements for a Living
1000+
Agreements Reviewed
IRC 704(b)
Deep Expertise
CPA
Licensed Professional
Learn Operating Agreement Tax Basics in 5 Days
A free 5-part email course covering allocation language, liability allocations, minimum gain, and practical tips. Plain English. No fluff.
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Frequently Asked Questions
Is this legal or tax advice?
No. All content is for informational and educational purposes only. We are not attorneys. Always consult qualified counsel and a CPA for advice specific to your situation.
Who is this for?
Real estate sponsors, GPs, LP investors, CPAs who prepare partnership returns, and business owners with multi-member LLCs.
What allocation methods do you cover?
Safe Harbor (Substantial Economic Effect under 704(b)), Target Capital Account, and Partner’s Interest in the Partnership. We cover when to use each and what your operating agreement needs to include.
Do you review specific operating agreements?
Our Premium Package includes tools and templates to self-assess. Custom review services are coming soon.
Can I get a refund?
All sales are final. Digital products are non-refundable. Please review the product details carefully before purchasing.