I am unfortunately in an ugly situation where I’m a part of an LLC (STR properties) that wishes to buy me out

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  • #90056 Reply
    Audrey

      No lawyer recommendations. What’s the OA say about calculating the value of the buyout and the process to remove a member?

      #90057 Reply
      Jennifer

        I once hired a lawyer for something similar and it cost me $2500 for a 30 min chat and a letter which didn’t sway the other party.

        I stood to lose almost $100k that I could easily prove to be mine, I didn’t want to spend years in court and have to pay I don’t know how much to a lawyer, so we settled out of court.

        Just think about what your time and sanity is worth.

        Don’t miss: Question/advice about setting up an LLC

        #90058 Reply
        Sidney

          Your OA should be very clear on this. Hopefully.

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        Reply To: Reply #90057 in I am unfortunately in an ugly situation where I’m a part of an LLC (STR properties) that wishes to buy me out
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