Wednesday, October 6, 2010

The best way to sell a LLC? -

I have a single member LLC that I would like to sell during a real estate transaction. What is the easiest way to perform this transaction

Get a lawyer to write up a bill of sale and transfer of assets contract. Once sold you will need to file the appropriate forms with the state that it s incorporated in, transferring ownership. There also possible additional capital gains taxes that need to be paid. A good corporate contract attorney should be able to do all of this, and explain the details on exactly what needs to be done.

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