First of all, what is "fein"? Secondly, who is "they?" If you have a corporation, I question why there is an "operating agreement." Since you...

That's exactly what you need: a "legal professional review" and not an online guess. Lawyers need to read the actual documents in order to give a...

It appears that you may be taking bad advice from somewhere. All of your profits are taxable income, and you will need to pay estimated taxes on a...

Do you want to operate it as a nonprofit? If so, you can participate on its governing board, and perhaps the "owner" will drop out. Then you will...

If the house is titled in your grandmother's name only, it is doubtful how anyone could successfully evict the administrator from the house.

This is not a common method of structuring a business. Perhaps you should consider, with legal advice, setting up either a limited liability...

Your best option would be to take the actual agreement to an attorney and discuss this situation in detail. There is a chance that the agreement...

Take the good advice of Ms. Shaffner. You need an attorney's advice, and not via the internet. Take your businesses seriously.

Although no one can predict the future, if you do not report that cash income on your tax return that indeed would be a violation of law, and you...

No responsible attorney can answer this question via an online forum. Your best bet is to take all of the paperwork for these entities and consult...