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Marc Winter
  • Real Estate Broker
  • Northeast PA
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Purchasing an existing LLC--can elephants fly?

Marc Winter
  • Real Estate Broker
  • Northeast PA
Posted Mar 29 2018, 04:21

We are considering buying out an existing LLC (it's a management company, and would add some volume to our own successful property management company). Everything looks good financially, however I've not sure what I should look for or how to protect myself from, any possible outstanding taxes or other liabilities that might be hiding out there on the subject acquisition LLC.

Anyone know of a way to check? Would we, and members, be liable, and is there any way to indemnify ourselves against such an event?

Any advice you could give would be appreciated!

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