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Updated about 8 years ago on .
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SDIRA LLC partnership change
I have an LLC which is a partnership between my SDIRA and another entity. The other entity would like to liquidate it's position leaving the SDIRA with 100% ownership. Can this LLC ownership change be made with simple filings or does the LLC need to be dissolved to remove this other entity?
Thank you for any feedback or perspective.
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Dmitriy Fomichenko
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Dmitriy Fomichenko
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Steve, you would need to review your LLC operating agreement to see if there is anything preventing you from buying portion of the LLC (in most cases this should not be a problem). Contact the firm who set up the LLC for you, they would be able to best assist you.
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