If I am doing business in New Jersey, should I form a Wyoming LLC?
Jul 14, 2021
Although, there are a number of exceptions which are briefly mentioned in this article -- generally speaking, the optimal state, with regards to forming your LLC will be State, which the business's p...
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Should I use a Wyoming LLC for my NYC based business? John Kiritsis, Esq. Phone# 212 922 0005
Jul 13, 2021
Despite the recent proliferation in the number of Wyoming LLCs, chances are that if your business is based out of New York, a Wyoming LLC would typically a wrong way to optimally structure your busine...
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10 things to consider before entering into a prenuptial agreement. John Kiritsis, Esq. 212-922-0005
Jul 07, 2021
Entering into a marital contract, such as a prenuptial and/or postnuptial agreement, is typically a major decision, that should involve certain key considerations. Overview 1) Only in the last 200 yea...
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What are some types of New Jersey leases involving real property? John Kiritsis, Esq. 212-922-0005
Jul 07, 2021
Regarding contracts, real property leases can be classified as written, oral, and implied. Regarding charges between landlords and tenants, real property leases are categorized as gross leases and net...
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The importance of client intake in drafting commercial lease agreements. Kiritsis Law 212 922 0005
Jul 01, 2021
Drafting a proper lease contract is hard when you do not know the client's goals, needs, and limitations. Discussing with the client what they need or want is advisable. Real property laws are state l...
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A look at different types of NYC storefront commercial leases. Kiritsis & Associates --212 922 0005
Jun 12, 2021
The legal framework variation, among different types of commercial retail/storefront type of property, has created and at the same time made possible, by the myriad of possible commercial lease types ...
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Can an LLC own or manage a Condominium Unit? Law Offices of John Kiritsis, Esq. 212 922 0005
Jun 12, 2021
To simply answer the question, although it may depend on the specific case factual pattern, generally speaking, an LLC can be used to own and/or operate a Condominium Unit. Major Concepts. Whether or ...
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Can an LLC own Coop shares?
Jun 12, 2021
Despite the proliferation of LLCs in owning and operating real property assets, there are interesting issues with regards to coop share ownership by LLCs. Key Issues and Concerns A pivotal inquiry in ...
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LLCs taxed as S Corporations. Kiritsis Law Group Phone # 212 922 0005
Jun 12, 2021
Before we delve into any serious analysis of S Corp tax treatment of LLCs, it important to grasp one key legal concept: An S Corporation is a federal tax election, and NOT a State legal entity type. M...
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LLCs taxed as C Corporations for federal tax purposes. Kiritsis Law 212 922 0005
Jun 12, 2021
C Corporations are titled this way, due to the fact that they are often referenced/addressed in Subchapter C of the Internal Revenue Code. In a Nutshell. C Corporations are often referred to as the cl...
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