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Tax, SDIRAs & Cost Segregation

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Scott G
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Converting 2 person CA LLC to 1 person

Scott G
Posted Apr 28 2010, 11:33

My partner and I formed an LLC many years ago to run our retail business. He's retiring.

California allows 1 person LLCs (Corp Code 17050(a)).

At one time I recall a specific form for organizing a one-person LLC, but I don't see that form any more.

Anyway, does anyone know if there are any affirmative steps to take with the CA Secretary of State to "convert" my 2 person LLC to a 1 person LLC?

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