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Updated almost 3 years ago on . Most recent reply presented by

Bill H.'s profile image
Bill H.'s profile image
Bill H.
  • Investor
  • from Port Tobacco, MD
  • Member since Jul 12, 2008
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20
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7
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Bill H.'s profile image
Bill H.'s profile image
Bill H.
  • Investor
  • from Port Tobacco, MD
  • Member since Jul 12, 2008
Connect
Bill H.
  • Investor
  • Port Tobacco, MD
7
Votes |
20
Posts
Tax, SDIRAs & Cost Segregation

LLC Dissolution Question

Bill H.
  • Investor
  • Port Tobacco, MD
Posted

Hello,

I'm a 50% member(there's 2 members) of an LLC that has several rentals that will soon be free and clear. Once free and clear, we're considering splitting the properties up and ending the LLC. We have an excellent relationship, but have different views on keeping the properties, selling, 1031s, etc. What issues or complications should we be aware of? The properties and LLC are in Maryland. And there's significant gains in the property, they were purchased 10-12 years ago. Thanks!

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