If we buyout a LLC member by assigning the units to the remaining partners but paid with LLC funds can I make it a redemption?
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Answered on March 09, 2018
You have entered the very difficult area of Partnership Taxation and should consult with a Tax Attorney who is experienced in partnership taxation....
My HOA is 501c3 in south carolina can we legally donate dues to a 501c3 charty
James's answer
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Answered on March 08, 2018
Unless there is a restriction in the organizational documents, a 501(c)(3) organization can donate funds to another 501 (c)(3) organnization
Archived
What steps do I take? Adding name to deed and creating contract to protect initial investment ?
James's answer
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Answered on March 08, 2018
I am changing the Practice Area so that your questions might be answered by Real Estate Attorneys.
How can I remove my registered agent after my Georgia LLC has been admin. dissolved?
James's answer
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Answered on March 08, 2018
Unless you wish to reinstate the LLC, there is no reason to retain a registered agent for a dissolved LLC and thus no reason to remove or replace...
Archived
My husband and his partners started an LLC S- Corp while we were married am I apart of it?
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Answered on March 08, 2018
Although you are asking about an LLC, this is still a divorce question, so I am changing the Practice Area so that it might be answered by Divorce...
Archived
How long does I️t take to get work permit after submitted initial evidence on 485 form ?
James's answer
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Answered on March 08, 2018
I am changing the Practice Area so that your question might be answered by Immigration Attorneys.
Archived
How can I get a copy of form 1099?
James's answer
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Answered on March 08, 2018
Ask the issuer of the 1099 to send another copy to your new address.
Archived
Which state prevails in a lawsuit involving a LLC - the LLC's home state or the state in which business was taking place?
James's answer
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Answered on March 08, 2018
Generally, it should be the law of the State of LLC formation that governs internal LLC matters, such as whether the LLC members are liable for LLC...
Archived
Can the initial founder of a single member LLC (Deleware) have vesting equity?
James's answer
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Answered on March 08, 2018
You do not seem to understand the basic structure of an LLC. Whether an LLC is a single-member or multi-member LLC is determined by the number of...
Archived
Sale of restricted securities - 6 months hard and fast rule under Section 4(1-1/2)?
James's answer
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Answered on March 07, 2018
The Section 4(1-1/2) exemption developed over years, largely from SEC no-action letters. It is not a safe-harbor, but a combination of requirements...