Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 7 years ago,
Purchasing an existing LLC
Good morning fellow BP's,
When purchasing a property that is owned by the LLC how do you, as the buyer protect yourself from prior leans or debt taken on by the current member (seller)
I'm considering purchasing an income property, a vacation holding and I am wanting to buy the business, name, website, media accounts, reputation, customer list and established vendors.
What would be the best strategy for this type of purchase, I want to protect myself from prior LLC member debt.
Thank you in advance,
Maggie