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All Forum Posts by: Kevin Switzer

Kevin Switzer has started 1 posts and replied 2 times.

Post: Proceeds from Land Sale

Kevin SwitzerPosted
  • Posts 2
  • Votes 0
Curtis
Thanks for the info!   Does your answer depend on which State the LLC was formed?   Ours was in Kansas.

Post: Proceeds from Land Sale

Kevin SwitzerPosted
  • Posts 2
  • Votes 0

Can the proceeds from a land sale owned by an LLC with multiple owners be different than the ownership percentages? For example if one person owns 25% under what conditions could this person be given 30% of the sale proceeds? Are there any complications with this?