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Updated almost 8 years ago,
Dissolution Agreement Advice
I am forming an LLC with one other partner to start a small rental portfolio. The one thing I want to get feedback on prior to sitting down with our CPA is how do other people in similar situations organize the dissolution up front? When one of us wants to get out I would assume it would be a tax nightmare to just sell everything off and split the money, not that this is my preferred route by any means but that it the most simplistic way of doing it in my mind. How do you creatively minimize taxes while also ending this type of company?