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Legally and financially, should we add her as a member to the existing LLC and create a DBA or should she create her own LLC.
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Answered on May 23, 2016
Other than saving the cost of formation and a little bit of ongoing cost, it makes sense to form a new LLC for your wife;s business. That way, the...
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What state to do LLC for rental house out of state?
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Answered on May 23, 2016
Although the LLC could be formed in any State, it probably should be formed in AL. If it is formed in another State, it will have to be qualified...
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Query about putting a rental house in one name only then LLC
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Answered on May 23, 2016
The transfer almost certainly will require the mortgage holder's consent. You will need new mortgage documents if you are approved, and probably...
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I need an attorney but my question is what can I do right now QUICKLY to protect my interest/business/customers?
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Answered on May 23, 2016
Sorry to hear about your problems. It sounds like most, if not all, of the business assets are in your name rather than the LLC, which is good for...
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What's the best way to share profits/ownership with team members?
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Answered on May 22, 2016
The easiest would be to use your existing LLC, offering either membership interests or profits interests to the "independent contractors," while...
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Is there a way I can get the money back that I spent on the loan that they said I was approved for ?
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Answered on May 20, 2016
This does not sound like a traditional bank or lender. You should consult with an experienced Banking or Consumer Protection Attorney to review the...
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How would taxes will hit if i own a US corp / llc and route all my income thro US company (but shows as expense in accounts)
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Answered on May 20, 2016
Your main options are a corporation (for tax purposes, a C corporation, not an S corporation) or an LLC (taxed as a partnership). You should...
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Can my children who are on my insurance be legally made to pay for their portion of the medical bills?
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Answered on May 20, 2016
Just because your adult children are covered by your insurance does not mean you are responsible for their medical bills, unless you obligated...
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What does SA TREAS 310 XXSOC SEC PPD refer to?
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Answered on May 20, 2016
Apparently it's a direct deposit code for an SSDI payment. You should follow up with Social Security to confirm it.
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Putative partnership re income producing property.
James's answer
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Answered on May 20, 2016
Regardless of whether you form an LLC or a partnership (an LLC is preferable for liability purposes), the title to the property should be in the...