If an LLC is a 50/50% ownership. Can the owners decide how much income each will get at the end of the year. Example can they decide to distribute the income 30/70%? Then the next year 60/40%?
If an LLC is a 50/50% ownership. Can the owners decide how much income each will get at the end of the year. Example can they decide to distribute the income 30/70%? Then the next year 60/40%?