Finally Sold My Nightmare Property!!! Next Steps????

[Pat Hamilton]

My investment in Philadelphia has been a money pit.  I had a 3 family property in an awful neighborhood with awful tenants, I was finally able to sell it and now I'd like to know what next steps I need to follow in order to be rid of this experience for good!  SIDE NOTE:  I love Philadelphia and would consider investing there again but not anytime soon :)

I had purchased the property under an LLC (LLC was formed in PA right before I purchased the property) - It is the only property I had owned under the LLC and I'd like to close the LLC as well.

I already closed out the utilities and I went into Eclipse to close out my rental license which had been active (I filed an amendment, they didn't do it, but after a phone call, they finally closed it out).  

Before contacting the state of Pennsylvania to close out the LLC I think I need to cancel my commercial activity license. I was told I need to close out BIIRt first. It's all so confusing....I don't have an accountant, I'm trying to do it all on my own as I have run out of money (I spent sooooooooooo much money on this property, all going to contractors and eviction lawyers....also terrible property managers)

Anyway sometimes in life it's better to do nothing. What happens if I never close out my commercial activity license or LLC. Maybe I didn't even need to close out my rental license??? I'm almost sure that I don't owe any taxes since (like I said) this property has been a constant money pit.