Thank you for the help!To simplify things, stripping the tax aspect of the question....If two equal partners in an LLC each have $50,000 in their capital accoun...
@Anonymous Thank you so much! Makes sense on the tax treatment, will need to continue to think through the details.Quick follow up:If two equal partners in an L...
Have a related question, trying to find where best to post....Topic: LLC Capital Account – Impact on FMV of interest, Tax Basis in Year of Sale of InterestSitua...
