rbnudelman
Level 2
02-12-2025
02:57 PM
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Does anyone know if there is a way to transfer a partnership interest in one partnership to another partnership within ProConnect?
rbnudelman
Level 2
02-12-2025
04:33 PM
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No, I mean to transfer a partner's interest from one partnership to another partnership, both of which are in ProConnect. I am guessing there is not.
rbnudelman
Level 2
02-13-2025
09:45 AM
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Yes, you are correct. I have two partnerships with the same two owners that transferred each of their interests into a new partnership. The new partnership (a Series LLC) now owns all of their rental properties in one entity. I will just have to show the transfer manually. Other decrease on the two partnerships and other increase or contribution on the new partnership.