Ask a Business Lawyer. Get Business Law Questions Answered ASAP.
Hello, my name is Richard and I will try to help you. Please remember I just report or interpret the law, so the outcome may not be what you hoped for.
There is no reason that you both should not be members of the LLC. When you form the LLC just have membership interests issued to both to you. YOu can be equal owners.
If I have answered all your questions, please positively rate my answer as that is how I receive credit. If you have more questions, please let me know. If the answer was especially helpful you can provide a bonus.
The only advantage of just one of you is that you do not have to file a separate tax return for the LLC. YOu can file the business' tax return on your Schedule C. With both of you as members you have to file a partnership return on form 1065. However, I believe a multi member LLC has better asset protection than a single member LLC. Other than that there is no real difference between one or two member LLC.
I sent you the answer to your question a few days ago. If you do not have any additional questions, please highly rate my answer as that is how I get credit for working on your question.