Archived
Is there any difference in using my SSN over appying for an FEIN (Federa Empoyer Identification Number) for my LLC?
James's answer
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Answered on July 17, 2010
With a single member LLC you are taxed on your individual 1040 so you can use your ss.
DISCLAIMER The response given is not intended to create,...
Archived
We are on a two year lease.
Can the owners ask us to change the lease?
James's answer
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Answered on July 17, 2010
In a word NO. The LL is as bound by the lease as you. If you left early they would sue you. Tell them you strongly suggest that if they want you...
Can you do a title search without giving your social security number?
James's answer
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Answered on July 17, 2010
The title company is correct. They need the ss number to check for non-support obligations.
DISCLAIMER The response given is not intended to...
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Archived
Breach of contact
James's answer
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Answered on July 17, 2010
In Pennsylvania the roofer would be arrested. Check with your local police.
DISCLAIMER The response given is not intended to create, nor does...
Archived
Do I register my LLC as a domestic or foreign entity in my case?
James's answer
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Answered on July 17, 2010
A SC LLC being registered in SC is a domestic entity. If you expand into NC and want to register to do business there, the SC LLC is a foreign...
Archived
What is the liklihood of a creditor successfully persuing a new business that was opened immediately after an old business filed
James's answer
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Answered on July 17, 2010
I have two questions. Does the new business have the phone number of the old? DOes the new business have the goodwill of the old?
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Archived
Can a cosigner on loan have the bank assighn him there power to sue me?
James's answer
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Answered on July 17, 2010
Imagine you signed a note and gave it to the bank. You now owe the bank money. The bank decides to sell the note to another bank. You owe the...
Archived
Quit claims deed
James's answer
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Answered on July 17, 2010
She is a 1/2 owner of the property. You cannot own as jt tenants with right of survivorship unless ownership is equal. If you split up she gets...
Archived
Is it possible to start a non-profit wine label/brand and buy the bulk wine from a company owned solely by disqualified persons?
James's answer
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Answered on July 17, 2010
This would be considered self dealing. Self dealing is not completely prohibited. Would you be buying the wine at wholesale or retail price? ...
Archived
Personal debt
James's answer
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Answered on July 17, 2010
The only contracts that need a notary and those that will be recorded (deeds, mortgages, car title etc). Any contract may be amended by an...
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