Yes, as the other commenters correctly state, you can form a company - corporation or LLC - to own your other two LLCs. Having said that, I...

There are some good points made by the other commenters to your question. You suggest that the remaining co-founder wants to continue the...

Sorry, but this question just has too many complexities to be addressed properly here. A lot more background and facts are needed to give you...

Is an operating agreement required for an LLC filing in the case of single-member ownership?

No, a written operating agreement is not legally required, but if you don't have one in place, then the LLC statute and any oral or other side...

If you are not doing business in New Mexico, you should not have to pay gross receipts tax or income tax. There is also a NM pass-through entity...

I agree with Mr. D'Esposito. Also note that there are pitfalls in filing online, especially for a single member LLC. The bottom line is that you...

All member approval for large transaction

The "clause" you are asking about actually implicates other provisions of the LLC operating agreement, such as the powers of the manager or...

A Washington LLC may be formed for any lawful purpose. Moreover, it has the power to do anything that is necessary or convenient to carry on its...

I think the previous answer offers a very good summary of the general status of LLC asset protection. I would only add that single member LLCs in...

I need to know how do I switch a member to an owner on my llc & remove myself completely?

So you can assign your interest to your sister-in-law or you could have the LLC redeem your interest. As Mr. D'Esposito stated, follow the...