Is it better for tax purposes for me to change title on my condo to a LLC or keep it in my name?
From an income tax consequence standpoint, there should be no difference between ownership by your LLC as contrasted to ownership by you, the...
New York, NY
Business Lawyer at New York, NY
Practice Areas: Business, Limited Liability Company (LLC) ... +4 more
From an income tax consequence standpoint, there should be no difference between ownership by your LLC as contrasted to ownership by you, the...
You have identified many of the relevant questions that need to be considered in connection with your expansion into mission. For some helpful...
If the company that issued the warranty is likely to go out of business soon, you should assert your claim under that warranty as soon as possible....
Yes, upon admission of a second member to the LLC, it becomes a partnership for income tax purposes and thereafter will file Form 1065 and issue...
I agree with Mr. Lyon that you can register the fictitious business name in your personal name before forming a company. Presumably, you wish to do...
To answer the business law aspects of your question, you can start or own a business, it can be either a sole proprietorship or an LLC. The main...
You might consider issuing a profits interest to the "sweat equity" spouse, which would not be an actual equity interest in the LLC. The...
Selected as the best answer
Yes, using a trade name rather than changing the name of the LLC, is a viable solution to your question. Using a trade name involves two sets of...
Generally speaking, there is no tax advantage to holding stock and ETF investments in an LLC (it probably will be treated as a disregarded entity...
Typically, an entity cannot enter into agreements to perform services for which it is not licensed. I am changing the Practice Area so that your...