Archived
Is RE agent who is member of an LLC that is buying a property entitled to get commission or is commission profit of the LLc?
Larry's answer
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Answered on May 31, 2019
Clearly, you owners of the LLC had no attorney when forming your "union"! This issue would have been the first for anyone properly contemplating...
Archived
Repossession break in?
Larry's answer
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Answered on May 30, 2019
If you carefully read your transactional documents for the car when you leased or purchased, you likely agreed to all this activity when YOU fail...
Archived
Do I need a new business License.
Larry's answer
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Answered on May 30, 2019
This is impossible to determine your concerns, your intentions, your cautionary approaches, your product, your desire for a different company...
Archived
In a Land Contract Forfeiture what amounts can the seller sue for?
Larry's answer
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Answered on May 30, 2019
It all depends upon what the contract says. If there is mention of attys fees, expect to pay them for the redemption amount. CAUTION: why...
Archived
Can I kick my roommate out?
Larry's answer
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Answered on May 30, 2019
YOU are HIS landlord. You need to give a 30 day written notice to him to move. If he fails, then take him to the Sterling Heights district court...
Archived
I am 12% share holder of a Delaware C Corp and my title at the company is cmo can i resign and forfeit my shares?
Larry's answer
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Answered on May 30, 2019
Most employment positions in this day and age are "at will". You can be fired at will or you can quit at will. That said all paperwork relevant...
Archived
I began an LLC, and wanted an S Corp designation. I was paid $1000, but made 50,000 profit. what would be the taxes for the llc?
Larry's answer
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Answered on May 30, 2019
Typically, LLC owners pay the same tax calculation as S corp owners. They get reported to the IRS and the states where you are doing business. ...
It is legal for pools to ban water?
Larry's answer
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Answered on May 30, 2019
This question is an oxymoron: if pools ban water, there is NO POOL!!!!
Archived
When a Trustee, in a corporate bankruptcy "abandons" property to the debtors how can the debtors become the assignee of record?
Larry's answer
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Answered on May 29, 2019
No. The debtor was the corporation, not you personally!!!! I sure do know the answer but this messed up scenario needs to have a careful lawyer...
Archived
Is a ladybird deed recorded?
Larry's answer
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Answered on May 29, 2019
Yes it is to be recorded. What is your real question?
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