Generally speaking, it is difficult to break a lease for the reason you have stated. Commercial landlords rarely let a tenant walk away from a lease without an agreement as to the terms and conditions of such lease termination. If the tenant chooses to "walk" early, the landlord does have the right to sue the tenant for damages; and in many cases, if the lease was signed by an LLC, many landlords require a personal guarantee so that the landlord may recover damages from the principles of the...
Unfortunately, the answer is yes. Generally, to be subject to the FTB LLC tax, the limited liability company must, for a least one day during the year, be:
Doing business in California, and/OR
Registered with the California Secretary of State.
"Doing Business" in California is defined as actively engaging in any transaction for the purpose of financial gain or profit.
As you registered your LLC in California, you will be subject to the tax. I recommend you coordinate with an...
If you are going to be based in California and looking to set up an entity in California, look for a lawyer who can give you advice and information on doing business in California. If you already have an existing business, you are going to need to make sure that any of the rights and property of the business (i.e., trademarks) are transferred into the corporation.
Make sure you discuss fee structures up front so there are no surprises down the road. There are many attorneys who are...
Yes, you should be worried because you would be stuck with any legal/financial problems that the business had. I don't think it's a good idea to purchase an entire business through Ebay and I don't think it was designed to adequately handle these types of transactions. You likely have not received enough information on the business, including its assets, liabilities, any pending complaints or court actions, and evidence of ownership of the website domain, to name a few important matters....
Unfortunately no one on Avvo can guarantee whether you would qualify for a loan modification, as modification requirements are assessed on multiple variables (the loan amount, value of the property, your income, your personal expenses, etc.).
I would recommend calling Chase or visiting the Chase Homeownership Center in LA (I've included the link below). Please don't pay someone a large fee to try for you either! You will be able to get a preliminary assessment over the phone to see if...
You're right - this is largely a tax issue, as "1031" refers to the section of the IRS tax code. In addition to speaking with a tax professional who has worked with 1031 exchanges, make sure you are referred to a competent Qualified Intermediary to facilitate in carrying out the exchange. 1031's aren't about tax avoidance, as eventually you (or your successors) will have to pay tax on the gains should you ever elect not to exchange another property. I am not a tax professional, but I have...
I agree with my colleagues - under the ESTA you are able to undertake the same business activities as permitted under the B visa category. This includes:
Soliciting sales or investment
Discussing planned investment or purchases
Making investments or purchases
Attending Meetings, and participating in them fully
Interviewing and hiring staff
Should you have any further questions, please do not hesitate to contact me.