Archived
How can I get my deposit back for the new house that was never built? Deposited 10K May2012, Sep2012 I canceled I requested dep.
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Answered on March 20, 2013
Did your contract specify that the amount was refundable after cancellation? In some cases, all or part of the deposit may be non-refundable if it...
Archived
Brother offers to look after me financially after my business fails. After 1 weeks he tells me he can't look after me.
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Answered on March 19, 2013
The question really can't be answered without knowing if it is being analyzed under US law or Australian law. You will need to clarify that and...
Archived
Can a builder raise the price of a home if yo9u have already given him the ernest money
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Answered on March 18, 2013
The answer to your question really depends on what was signed at the time the deposit was given to the builder. Was a full contract signed? If...
Archived
Do I have the legal right to cut back neighbor's tree encroaching on my property?
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Answered on March 01, 2013
While you appear to have the legal right to prune this tree, doing so may lead to additional problems. If the neighbor objects to your attempt to...
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Archived
K-1 or 1099 ? I am a managing member of an L . L . C . we had a loss last year , being told I do not need 1099 or W-2 with loss
Loren's answer
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Answered on February 28, 2013
Without more information it is impossible to give you a simple answer to your question. For example, is your LLC a single member LLC? Did you...
Archived
I have recently been getting requests to give lectures ( and get paid for them ) and am wondering if i should create an LL ?
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Answered on February 28, 2013
The primary purpose in forming the entity would generally be liability protection but you may also achieve tax advantages depending on how much...
Archived
How can I transfer a single member LL ( still operating ) to a family member ?
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Answered on February 28, 2013
I agree with the answers previously provided. Accomplishing the transfer itself is relatively simple, but may carry significant tax consequences. ...
Archived
Treatment of LLC distributions to partners having equal equity but different debt contributions.
Loren's answer
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Answered on February 28, 2013
I agree with my colleagues that this issue should be addressed in your operating agreement. If it is not, then you would look to the LLC statutes...
Archived
How should I form this business?
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Answered on February 28, 2013
The decision of whether to form a corporation or a limited liability company can be impacted by several considerations including future ownership,...
How do we add an officer to a "s"corp in CA
Loren's answer
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Answered on February 28, 2013
I agree with the prior answers regarding the simplicity of electing a new officer in a S corporation. Although I'm not certain it is possible in...
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