When two people start a REI, LLC are they both equal partners in the LLC, even with the one being listed as agent and Incorporat

You should consult with an experienced Business Attorney to assess the ownership of the house (LLC or two individuals?), obligations under the loan...

Although you did not have a noncompete agreement, you still have fiduciary duties to the Corporation, which might be mitigated by the presumably...

My partner in a LLC we owned together transferred all owenship to another company, what claims do I have against him?

Any claims you might have against your "partner" will depend upon the terms of the operating agreement of Company A; specifically, whether your...

What language in asset sell agreement should I put to protect myself (seller) in case the buyer does not pay rent to landlord?

The asset purchase agreement should include a covenant obligating the purchaser to pay all amounts due pursuant to the lease for the duration of...

How do you turn an LLC that never got off the ground to a DBA?

A DBA is just a filing to put the public on notice that a person (individual or company) is doing business under an assumed or fictitious name; it...

Repurchase right on vested stocks

The cited language applies any rights and obligations of your current shares to any additional or replacement securities. However, it seems new...

Purchase A LLC?

This is very similar to an earlier question you asked. You seem confused about the nature and operation of LLCs. An LLC is formed under the laws of...

Is creating an LLC the best way to protect your assets when owning rental property?

LLCs are particularly well-suited for investment vehicles like the one you contemplate because of their flexibility, informality, and limited...

When I purchase the LLC in the state I live in do I hapurchase it again for the other 50 states

You seem confused about the nature and operation of LLCs. An LLC is formed under the laws of a particular State. If its activities rise to the...

Will I, the Sole Proprietor be responsible for any debts or legal actions against my DBA ?

You seem confused about DBAs and business entities. A DBA is not a company or business entity; it is a filing made to put the public on notice that...