Thanks, TurboTaxRichardK. We were taxed as a partnership, and I didn't realize that the 3rd LLC member acquiring the other 2/3 would be considered a Technical T...

Thanks again, Rick19744. I've always used TurboTax for my taxes so I figured the software would walk me through this. I guess I will need to find a tax professi...

Thank you so much for all of the information! I think I have it now. At the time of the sale of my interest in the LLC, assets (building/land) were $165,000, a ...

Thank you so much for all of the information! I think I have it now. At the time of the sale of my interest in the LLC, assets (building/land) were $165,000, a ...

Thanks, Rick19744. I didn't realize that the 3rd LLC member acquiring the other 2/3 would be considered a termination of any kind of the LLC. He had his account...