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What is the best way to go about selling a 1/3rd interest in an LLC? Land holding company. I want out!!!!

What is the best way to go about selling a 1/3rd interest in an LLC? Land holding company. I want out!!!! Willing to take 50 cents on the dollar. $1.5 Million for $3 Million of land.

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Answers (4)
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Carson Grant Loan Company
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Feb 9, 2017
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Finance Solutions Of America LLC

simply refinance it and have them buy you out

Jul 11, 2012
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Vested Business Brokers
Senior Business Broker
Suffolk County, NY

As a member of the LLC you may want to ask the other members if they want to purchase your portion. As always you need an appraisal of the company or land in this case. Your sales price is your % of the value. Lets say 100,000 is the value. 33,333 is your portion. .Appaisal must be current and objective. Buyer will probably want his own appraisal done. You can ask a business broker to help, your attorney or accountant may know of someone interested as well. If you want to discuss this further find me on my website under brokers.

May 12, 2009

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