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Updated about 1 year ago, 09/11/2023

User Stats

33
Posts
7
Votes
Jenna Bamlet
  • New to Real Estate
  • Jacksonville, NC
7
Votes |
33
Posts

Business partner separation

Jenna Bamlet
  • New to Real Estate
  • Jacksonville, NC
Posted

Not sure where to start with this. I'm a part of an LLC with one other person currently. We are trying to separate from each other. I'd like to leave the LLC and am more than fine with him taking it over....with that intention out there. All the properties we have accumulated together 6ish, are all under hard money loans that I am the guarantor on. There was a suggestion of subject-two for those properties. Looking for guidance on what the best path for this separation could be. Thank you in advance

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