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Updated 2 months ago on . Most recent reply

User Stats

21
Posts
6
Votes
Becky Hoffman
  • Investor
  • Houston, TX
6
Votes |
21
Posts

Question about my LLC

Becky Hoffman
  • Investor
  • Houston, TX
Posted

Myself and two partners purchased a buy-and-hold under our LLC. One partner has gone out on his and lays no claim to that property at his request. He is now not considered a partner on the LLC. My preference would be to rename that LLC and exclude the absent partner. When it comes time to sell this property, what will happen then?

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