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Updated about 6 years ago,

User Stats

37
Posts
13
Votes
Vasundhara Ranjani
  • Real Estate Investor
  • Bay Area, CA
13
Votes |
37
Posts

How to Restructure an LLC?

Vasundhara Ranjani
  • Real Estate Investor
  • Bay Area, CA
Posted

I have an LLC for a rental property with 2 other members (3 total) and one of them wants to leave the LLC. However, that person is a guarantor on the loan for the property (and is willing to continue to be the guarantor) so what is the process for doing this? This is NOT a result of any conflict between the members but more of a management restructuring question and business optimization issue.

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