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Updated 4 months ago on . Most recent reply
![Calum Bressington's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2746964/1727849376-avatar-calumb1.jpg?twic=v1/output=image/crop=3024x3024@0x570/cover=128x128&v=2)
Has Anyone converted a multimember llc to a sole member llc?
Wondering if anyone has converted their multimember LLC down to a sole member LLC and what the process is, all I have found on it is to fill out form 8832. Also, I won't do any buisness this year through my LLC so will I still have to file? Thanks for everything!
-Calum
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![Basit Siddiqi's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/396156/1626509275-avatar-basits.jpg?twic=v1/output=image/crop=768x768@0x36/cover=128x128&v=2)
What is cuasing the multi-member LLC changing to a Single member LLC?
Did one partner buy the other partner out?
Did one partner die?
You normally want to mark that the partnership is filing a final year return.
If one partner is being brought out, that individual will have to report a sale on his/her individual return.
- Basit Siddiqi
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Basit Siddiqi CPA
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