Not even close. LLC-based co-ownership has been used in commercial real estate for decades. Office buildings, apartment complexes, shopping centers — they're almost always owned through LLCs. GoForth applies the same proven legal structure to luxury vacation homes.
The LLC protects each owner's personal liability, defines rights and responsibilities in the operating agreement, and creates a clean mechanism for buying and selling shares. It's the same framework that billion-dollar real estate funds use, scaled down to 4 families and one beautiful home. Legally battle-tested. Financially transparent. Nothing experimental about it.