http://www.avvo.com/legal-answers-search/limited-liability-company-llc-.html Avvo.com - LLC Questions http://www.avvo.com/legal-answers/will-an-llc-protect-our-rentals-if-the-other-renta-166796.html My husband and I have rental properties in an LLC; however, we also have rentals with a partner that are not part of the LLC. The properties we have with a partner are not doing well and may go into forclosure, will the properties my husband and I have in the LLC be protected if the properties get forclosed on and the bank doesn't get the money to cover what is owed them? Sun, 22 Nov 2009 07:33:11 PST http://www.avvo.com/legal-answers/is-it-legally-safe-to-run-a-online-classifieds-web-166490.html I am setting up a classifieds website, and I want to know whether starting out as a sole proprietorship is legally wise. If the website is sued for anything, would the proprietor be completely responsible? Of course, there would be disclaimers and terms of use on the website, but I don't know how much protection those things would yield. The probability of this happening is relatively low, but I would like to as legally bulletproof as possible. Sat, 21 Nov 2009 10:49:17 PST http://www.avvo.com/legal-answers/if-we-have-an-llc-and-use-a-dba-can-we-just-put-th-166477.html thank you for your help. Tim Sat, 21 Nov 2009 10:22:35 PST http://www.avvo.com/legal-answers/i-m-starting-an-interpreting-and-translation-servi-165918.html I am not sure if it would beneficial for me to register as an LLC since it is a side gig or should i not worry about it and start providing my services. I want to keep everything legal and am not sure what to do. Thank you Fri, 20 Nov 2009 07:30:59 PST http://www.avvo.com/legal-answers/should-il--mortgage-loan-originator-establish-an-i-165772.html I'm an IL Loan Originator considering creating a LLC instead of being a W2 employee of the broker. Is this legal and prudent to do? Thu, 19 Nov 2009 19:32:04 PST http://www.avvo.com/legal-answers/what-is-the-purpose-of-a-commercial-registered-age-165727.html This question relates to a new LLC being filed in Nevada. Thu, 19 Nov 2009 18:11:46 PST http://www.avvo.com/legal-answers/do-i-have-claim-to-my-initial-investment-after-ter-165703.html I own a small retail shop, formed as an LLC in California, 50/50 with my ex-girlfriend. She didn't invest any capital in the business and our operating agreement states this. The operating agreement also indicates that I invested $50k. If we were to liquidate and dissolve, would I have a legal right to collect my initial capital investment? Thu, 19 Nov 2009 17:10:40 PST http://www.avvo.com/legal-answers/can-i-form-an-llc-and-pay-rent-to-myself--165172.html If I form an LLC as a sole owner, can I hold the deed for the porperty the LLC uses and pay rent to myself? Will this protect the land from being taken if there is a lawsuit claim against the LLC? Wed, 18 Nov 2009 19:02:59 PST http://www.avvo.com/legal-answers/please-advise-on-business-law-suit-165090.html We in 2005 my husband and I sold our shares of our business in Georgia to our business partner b/c my husband got a job offer in North Carolina. While we were in business we had a lease on video equipment to monitor the building. In 2006 our business partner sold the business that has now undergone several additional changes in ownership. Apparently after our business partner took over the business in 2006 he stopped paying the lease. Now the company has tracked us down to North Carolina and are suing us for the amount due, our home and all other assets we may have. I need to also state that my husbands name/signature was on the original lease. Please advise. Wed, 18 Nov 2009 16:15:04 PST http://www.avvo.com/legal-answers/is-a-person-who-invests-money-into-an-llc-entitled-164900.html I am the sole member of an LLC. A friend put money into the LLC. No paperwork was ever created or signed stating that I need to repay this investment. When the LLC filed taxes in 2008, he insisted on being listed as a partner (and is listed as one) so that he could write off the money that he put into the company. I'd think that in order for him to be considered a partner, he would have to be listed as a member of the LLC, and he is not. He is now emailing me constantly wanting me to meet with him to create a loan agreement. The LLC was dissolved earlier this year. Because I won't meet with him to create and sign a loan agreement, he is threatening legal action. Is there anything that I stated here that would indicate that he has a right to expect to be repaid for his investment? Wed, 18 Nov 2009 10:47:05 PST