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Updated 2 months ago,

Shelley W.'s profile image
Shelley W.'s profile image
Shelley W.
Pro Member
  • Investor
  • from California, CA
  • Member since Oct 13, 2019
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13
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Shelley W.'s profile image
Shelley W.'s profile image
Shelley W.
Pro Member
  • Investor
  • from California, CA
  • Member since Oct 13, 2019
Connect
Shelley W.
Pro Member
  • Investor
  • California, CA
5
Votes |
13
Posts
Classifieds

Buying out a partner

Shelley W.
Pro Member
  • Investor
  • California, CA
Posted

I’m looking for best practices, DOs and DON’Ts, links to resources and general wisdom from experience on buying out a partner. I have a duplex and need to buy out my partner. We’re 50/50 partners/owners in the property because we live in a community property state. Our legal status has changed, and he wants to be bought out. Is a buyout pretty straightforward or are there things to avoid that I need to be aware of?

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