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56
Posts
7
Votes
Kathy Crosby
  • Wholesaler
  • Houston, TX
7
Votes |
56
Posts

Getting a rental OUT of an LLC

Kathy Crosby
  • Wholesaler
  • Houston, TX
Posted

I’m in a partnership that owns a couple of rentals. The partnership is dissolving and we wish to divide  the homes (one person gets one, the other person gets the other)
and place them in our personal names. 

Is there a way to do this without refinancing and/or being subjected to significant tax implications?  

Thanks, in advance,  for feedback.