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I want LAND!!
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Big Ben
Posted 11/27/2022 20:34 (#9953291 - in reply to #9953135)
Subject: RE: I want LAND!!


Columbia Basin, Ephrata, WA
coup - 11/27/2022 17:31

IN555 - 11/27/2022 18:11

Keep in mind that 1/3 owner could be a real pain in the rear if he wanted to be so buying him out of his shares could be a blessing at market value.


Let him be a pain, he is a minority owner and has no say so in LLC. He has two choices can either get his 1/3 share of the profits yearly or sell the 1/3 share he owns @ a discount to somebody.

Land owned by an LLC can be discounted up to 40% with minority ownership




Makes the 25% valuation they expected him to accept look awfully light.


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