Take ownership of your mistake and learn to do the proper due diligence recommended above😊

This doesn’t negate the need to check the lines, however.Pay Attention to Pride of OwnershipAmateur repairs—or a lack of repairs—and deferred maintenance are typically the result of a “low pride of ownership.”

All ownership information is public record on every site so the only reason you won't disclose it is because it will prove you are lying or really puffing in your post in order to try to get business.

Transferring ownership to the new LLC is possible but may have tax or legal implications.Let me know if you need further assistance with financing!

What really pisses me off about that crew is the total lack of ownership.

I formed an LLC with my dad and need some advice on how to split up ownership percentages.

Once ownership is transferred the clause is “triggered”.  

Assuming all holding periods are met under the liquid exchange, an investor may be able to sell a smaller portion of the partnership ownership during years where they would expect a low tax bill. 

You also can't have any W-2 employees, with the exception of you and your spouse, and maybe business partners that have at least 5% ownership. 

@Leslie Beia, while I don't believe I have the same experiences as Matt direct to hotel ownership, I do have a lot of experience working with investor capital, how to underwrite deals to show what the investors can expect in return and what you get.That being said, at a high level, I could invest in a private note fund, and earn 10% annually.