Should we keep the property in our names or create an LLC for it? We live in PA. Thank you. Do we create two separate LLC’s?

You can actually set up three LLCs for liability protection. The first LLC would own the entire building. The second LLC would lease the from the...

I have a Florida LLC( it owns a property) & wish to buy a commercial New Jersey property.?

The tax situation is laid out pretty well here:...

You can return them, accepting the new pair for your one time payment or in the alternative keep both pairs and be charged for both. Any other...

Most bank require a copy of the Operating Agreement for the LLC, in addition to the Certificate of Formation and EIN Letter which you presently...

I am a vendor and have a booth in a local antique store. Am I allowed a pro-rated rent due to non-essential business closing?

COVID-19 can be a force majeure event or a condemnation excusing rental payments. The analysis is fact-sensitive. It depends on the severity of the...

What to do with civil judgment I got in pa, against trucking company in Birmingham AL

If the trucking company has no assets in Pennsylvania, it will have to be transferred to Alabama. However, there may remain a question as to...

There are no Pennsylvania Department of State filings (Certificate of Organization) you need to be listed on, however, the Operating Agreement,...

Are there laws governing how ownership is structured when starting a multi member LLC ?

A limited liability company can be classified as almost any entity it wants for income tax purposes. A limited liability company that is owned by...

If it does not come under the terms of your non-solicitation clause for a cause of action for breach of contract, then there is a cause of action...

No. A limited liability company can be classified as almost any entity it wants for income tax purposes. A limited liability company that is owned...