SDIRA, Partnership, and changing percent ownership?

[Daniel Dietz]

Thanks for the responses to my other questions in this forum so far as I start my Real Estate Journey.

What I am specifcally wondering about today is "Percentage Ownership" and if it can change with the same LLC over time.

Assumption is a 3 way Partnership with a 'starting split' of 1/3 each. This would be for one property to start, and likely add more in the near future.

Fast forward a few years. Partner # 3 would either like to sell their 1/3 stake to the 2 other investors, or a third party. (The 3 original investors ARE disqualified parties - my understanding is that this is OK IF done from the start) Can partner #3 do this, which would then create a 1/2 - 1/2 Partnership?

On one final question, if original LLC is 1/3 each, and partners #1 & #2 want to add a new property, but partner # 3 does NOT, can #1 & #2 do this new 50-50 property within the same LLC, or would we need to start a new LLC?

Thanks, Dan Dietz