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Tax, SDIRAs & Cost Segregation

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Jeffrey Zientara
  • Glenview, IL
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Getting out of a Cash Offer

Jeffrey Zientara
  • Glenview, IL
Posted Sep 4 2019, 06:57

Hey guys,

I recently made a cash offer on a property that was accepted through an LLC.

I have to pull my offer for personal reasons. I have not given any earnest money.

The realtor got upset when she learned I was pulling my offer and said that the LLC can be sued and that the earnest money has to be sent.

Do I have xasuse for concern?

The purchase price is 33k with 2k of earnest money I have not yet sent.

Thanks!

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