2 Partner LLC and paying Taxes

[Andrew P.]

Hi All,

We own 23 units which are starting to turn a profit. There are two of us that own the properties in a LLC (also the %ownership is not 50:50). How does everyone go about paying taxes? Do you take the total out of the company and pay that to the partners for which they need to pay the IRS? Or have each individual be responsible for their part? Also considering the tax amount may not be equal and the individuals are in different tax brackets.

Thanks!