I lending money to my handy man to buy a mobile home? I will be on pink slip as the lender and in title.
Umar's answer
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Answered on November 14, 2024
At the very least I'd consider doing a promissory note with a security agreement and the mobile home as collateral. I definately suggest consulting...
Can I compel other members of an LLC to buy me out?
Umar's answer
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Answered on November 13, 2024
Depends entirely on the Operating Agreement. I would suggest you have it reviewed by counsel and go from there.
How to terminate a single member L.L.C. in California formed in 2021 that has not conducted business or filed taxes?
Umar's answer
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Answered on November 13, 2024
While there are many moving parts, at the bare minimum, you will need a plan of dissolution, board/member consent, certificate of dissolution (to...
I would like to add a shareholder to my S Corporation in NJ
Umar's answer
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Answered on November 12, 2024
The easiest way to do it would be to have the company issue him new shares from the authorized pool. If all shares from the total authorized pool...
I have 18.46 percent of an LLC and my partners won’t pay me. Also they want to buy me out for less than I invested?
Umar's answer
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Answered on November 04, 2024
You should have an attorney review your operating agreement and go from there. Goodluck, hope it works out for you.
What to do about a YouTube channel that has the same name as my blog?
Umar's answer
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Answered on November 04, 2024
You can potentially send a cease and desist letter. I usually suggest to send such letter on a law firm's letterhead to give it more credibility....
How can a foreigner conduct real estate business in the US ?
Umar's answer
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Answered on November 01, 2024
Yes, foreigners can very easily set up US businesses, bank accounts, etc. I've assisted many foreigners with it over the years.
What do I need to consider in an intellectual property usage agreement as a photographer who wants to be credited?
Umar's answer
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Answered on November 01, 2024
Don't waive your moral rights. So long as the moral right are not waived, you will always be identified as the author of the work.
Hi, I want to transfer my stake in an S-corp a mi socio. ?
Umar's answer
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Answered on November 01, 2024
The first thing to check here is what the underlying corporate structure is. An S Corp is a tax election that a C Corp or an LLC can make. What...
Can a LLC be capitalized through equity financing using a membership interest purchase agreement?
Umar's answer
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Answered on October 31, 2024
The first thing to consider here is how the ownership structure of the LLC is set out in the Operating Agreement (OA). It can either be as...
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