Can my 24 year old son work part or full time as an independent contractor for my small business. I have no employees.
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Answered on December 27, 2020
I know you are going to hate the "it depends" answer, but that is the truth. If your son is doing the same thing you do, it may be hard to have him...
Special conditions for LLC should it be added to the operating agreement or have another agreement (founders or partnership,.)?
Ronald's answer
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Answered on December 27, 2020
It seems like you are trying to do this without the guidance of an attorney. That is a BIG mistake! First, depending upon the conditions, you may...
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What needs to happen to my sole member LLC to take on one or more partners who will be providing capital for real estate?
Ronald's answer
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Answered on December 24, 2020
Actually, your question has a little bit of a tricky answer. First, I suggest that you use your current LLC as a single-member disregarded entity...
I own a timeshare. Paid on full. It’s deeded and the owners will not take it back. I need help getting out of it ?
Ronald's answer
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Answered on December 18, 2020
As a general rule, timeshare agreements are all in favor of the company and against the people that purchased the timeshares. Usually, you do not...
Can I fund a single member LLC holding company that I create with my own money ?
Ronald's answer
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Answered on December 13, 2020
Yes, you should make the initial capital contribution from personal funds. It sounds like you are trying to do this yourself rather retaining a...
Archived
Am I getting scammed?
Ronald's answer
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Answered on December 11, 2020
THIS IS A SCAM! DO NOT CONTACT THIS PERSON!!!!!!
Archived
Can someone help to look at this company setup?
Ronald's answer
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Answered on December 11, 2020
Thank you for your question. Frankly, it is too complicated to answer in this forum, but here are a few thoughts for your consideration:
1. ...
Archived
What can we do? Are we liable to pay taxes for a company we didn't create under our address?
Ronald's answer
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Answered on December 10, 2020
Your parents are not liable because it had nothing to do with this corporation. Even though it is sent to their address that does not mean they...
Archived
How L.L.C taxed with Foreign owners in Wyoming state?
Ronald's answer
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Answered on November 27, 2020
If a person is not a US Citizen or Permanent Resident (green card holder) the company can not make the election for S Corporation taxation....
How do I make my Operating Agreement for a 3-member, Manager-Managed LLC based in Virginia official and binding?
Ronald's answer
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Answered on November 22, 2020
First, the LLC Operating Agreement DOES NOT get filed with the State.
Secondly, you are making many complicated business, tax and legal choices...