Buying & Selling Real Estate Discussion

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Jae Morenike
  • Rental Property Investor
  • Atlanta, GA
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How to navigate purchasing property from a dissolved LLC or INC

Jae Morenike
  • Rental Property Investor
  • Atlanta, GA
Posted Aug 2 2019, 16:20

Hey BiggerPockets Family :-)

I ran across a property that is owned by a dissolved Corporation in Atlanta with back taxes and the CEO has passed away based on my research of the members on the corporation.  However the CFO seems to be alive and local.  Before reaching out, I wanted to get some advice on how to approach getting the sale to go through.  The corporation has been dissolved for 20 years now.  Is it possible to purchase this property and if so what would the Seller need to do in order to sell.  I haven't done a deal with this situation before.

Thanks ahead of time for all your guidance.

Best,

Jae 

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