I own a rental property in WA state and live in AZ. Should I set up an LLC for the rental in WA or AZ?
James's answer
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Answered on May 26, 2022
You will be doing business in the State in which the property is located (WA), so the LLC should be formed in that State (WA). If you formed it in...
Have LLC in KS and business, moved to OK and need LLC in OK but without a business name change? What can I do?
James's answer
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Answered on May 26, 2022
The simplest solution is to register the KS LLC to do business in OK. The entity and its name remain the same. You will have to comply with...
Help with my business name?
James's answer
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Answered on May 26, 2022
You should consult with an experienced Intellectual Property Attorney, who will help you assess if the names and businesses are so close as to...
We have a silent partner that has been paid back his whole investment but yet will not sign off on his part of the business
James's answer
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Answered on May 26, 2022
Assuming the business is operated as an LLC, you must consult the operating agreement, any other agreements, and the LLC Law to see his rights and...
How can I cash personal checks into an LLC bank account?
James's answer
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Answered on May 26, 2022
You do not want to compromise your limited liability by comingling personal and business assets. If you perform services as an individual, you...
Does a sole proprietorship incur legal liability on the entire household or just the sole proprietor?
James's answer
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Answered on May 25, 2022
Absent their assuming liability, such as by personal guarantees, your sister and her husband should not be responsible for any liability incurred...
I am a business owner that owns 25% the other owner have 50% can he fire me
James's answer
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Answered on May 20, 2022
You must be precise with the facts that lead to your question. Is it a partnership or, more likely, an LLC?The governing documents will be...
Hello, i have a question about abandoning my LLC in Delaware.
James's answer
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Answered on May 20, 2022
The proper procedure is to file a Certificate of Cancellation to terminate the LLC's existence. That will prompt a review of the LLC's history of...
I formed a LLC in MA for a "e-commerce retail business". Can I add my rental property to this LLC under a DBA?
James's answer
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Answered on May 20, 2022
Unless the organizational documents of the LLC restrict the business that the LLC can conduct, you simply can conduct additional businesses under...
If I add a newactivity to my LLC, do I need to add a NACIS code? Can I only keep one NAICS code, even my prtivity activitychange
James's answer
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Answered on May 18, 2022
The NACIS codes are for statistical purposes only and there is no need to update them as your business grows or changes.