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Hi. An LLC can pick its structure - Sole Proprietor, Partnership or a Corporation. With a corporation, you can have stock (re - last sentence) and will have retained earnings (which is the cumulative net income/loss over the prior years + the current year). LLC's typically may not issue stock, its members may sell portions of the company as a way of generating working capital.
Also - the contributor’s capital account (the capital account represents the equity that member has in the LLC) will equal the amount of cash contributed and the fair market value of the property contributed to the LLC (net of liabilities).
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