Mark David Nichols's Answers (16)

Archived

Is a marketing company in FL required to have a business license? How do you serve legal docs if there is no registered agent?

Mark's answer | Answered on March 15, 2016

For service of process on an LLC in Florida, there is now a tiered approach. You first try to serve the registered agent, and if you are unable to...

Archived

What is the best business structure if a few people are interested in investing in RE together, but we might ADD people later?

Mark's answer | Answered on March 14, 2016

If you and your business partner form an LLC and draft an operating agreement, the OA can clearly define the procedures for how to add new members....

Archived

Am I a business owner or creditor/investor in this situation? I messed up!

Mark's answer | Answered on March 14, 2016

First of all, I agree with all of the other answers saying 1) if you can get the money back now without resorting to litigation, that's your best...

Archived

What are the operational agreements for Florida?

Mark's answer | Answered on March 09, 2016

I would assume the seller is asking to see an "operating agreement." An operating agreement is a contract the spells out the duties, rights, and...

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Can I be a responsible party of a newly formed Florida LLC, in which I am not a member, only the manager.

Mark's answer | Answered on February 29, 2016

I'm not sure what you mean by "responsible party." An LLC in Florida that is manager-managed can give rights and powers to control the LLC's...

Archived

What is the correct way for a single member llc owner to lend money to the business ?

Mark's answer | Answered on February 29, 2016

I think this question can be interpreted in one of two ways: 1. For IRS/tax purposes, what is the proper way to account for everything so they...

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