Archived
Does a Homeowners Association have the right to dictate fence finishing procedures? To require owner to "stain" fence?
Kenneth's answer
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Answered on February 14, 2012
It depends on your declaration and by laws. It is not uncommon for an HOA to have such authority. However it must be derived from the relevant...
Archived
Should Investment group use an LLC or LP to invest in a new service venture being operated as an LLC?
Kenneth's answer
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Answered on February 14, 2012
There are a number of factors that may ultimately affect your decision, e.g., nature of the business, long term plans, etc. However, looking at it...
Archived
What state is best to form LLC? I'm based in TX, will sell products via ecommerce; items will ship nationwide from suppliers.
Kenneth's answer
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Answered on February 14, 2012
I generally prefer Delaware for organizing companies, as their system is streamlined and costs reasonable. However, if you were to register in...
Archived
How are taxes calculated in an S Corp. and can I write anything off?
Kenneth's answer
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Answered on February 12, 2012
Although I am not a tax attorney, I work closely with my tax partner and can share some broad principles. First, congratulations to your son. I...
Archived
I have easements rights to my home via my neighbors driveway. Can they park a 3rd car and block my access to loading & unloading
Kenneth's answer
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Answered on February 11, 2012
The general rule is that no one can interfere with your use of your easement. If the easement clearly provides you passage over the space where...
Archived
I want to visit France and but if i want to see another country while I'm there will I be allowed to go visit other countries?
Kenneth's answer
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Answered on February 11, 2012
I am assuming you are a U.S. citizen and have a U.S. passport. You can travel anywhere in Western Europe without any problem. You can drive from...
Archived
Elderly father owns company. Looking for (somewhat) smooth transition to take over and set up some sort of retirement income.
Kenneth's answer
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Answered on February 11, 2012
There are a few options you might consider. One possibility is to simply pay your father as a "consultant." The $1,500 would be subject to income...
How do I remove an officer from an S-Corp?
Kenneth's answer
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Answered on February 11, 2012
I am uncertain where you heard that all officers must receive wages. Many corporations, including small closely held ones, have officers who are...
Archived
US resident wants to start business in US having an Indian resident as partner
Kenneth's answer
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Answered on February 10, 2012
I have a few clients who fit this precise profile. You are limited to an LLC or a C corporation, as foreign nationals cannot hold stock in an S...
Archived
Real Estate Investment firm with foreign investors
Kenneth's answer
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Answered on February 09, 2012
This is going to require some sifting through the elements of your question. First, an LLC or a C corporation are the only options for foreign...
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