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I would like to open a Bed and Breakfast business with a partner investor from Canada. How do I go about this?
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Answered on December 30, 2011
There are several different issues you have here. First is starting up the business. You are probably going to want to form an entity for your...
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Co-signing on a Car Loan
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Answered on December 30, 2011
This is actually a common occurrence. Both spouses are co-signers on a credit card or loan (and sometimes even a house). They go through a divorce,...
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In Ohio can a partnership own multiple pieces of rental property with each one being a separate disregarded SMLLC?
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Answered on December 08, 2011
Yes, an LLC can own multiple pieces of property with each being in a separate LLC. This set up can be used to provide protection for each...
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If my employer has a policy of no overtime but then expects you to work more than 40 hours, can they still only pay 40 hours?
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Answered on November 14, 2011
It is common for employers to have a policy forbidding overtime unless it is "approved" by management. The employer will then refuse to pay any...
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I am a sole proprietor for one business, and 1/2 owner in a LLC, in Ohio, how do I put the two businesses together.
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Answered on November 07, 2011
Yes, you can put them together. There are different ways of accomplishing this, from the LLC buying the other company to you giving the assets of...
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If a partner no longer performs his job functions, can he be removed from the partnership?
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Answered on October 31, 2011
First of all, be careful of your use of the word "partnership." If your business is organized as a corporation then you are not "partners" but...
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Do I have a breach of contract for my reception hall & can I get money back based on the items below?
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Answered on October 31, 2011
Whether there is a breach of contract is going to depend on the language in your contract with the reception hall. I or another lawyer would have...
Is an oil and gas lease valid in Ohio if it is not signed by the Lessee and has a fraudulent notary of the Lessors' signature?
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Answered on October 08, 2011
There is some case law to the effect that such notarization of Lessor's signature is invalid, but it may not void the lease entirely. The copy the...
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The company that owns my oil & gas rights has broken the terms of the lease, what can I do to terminate the lease.
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Answered on September 21, 2011
As suggested, a lot will depend on the actual language of your lease. Right now there are a lot of oil and gas companies out there who are breaking...
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Tax write-offs for business
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Answered on September 09, 2011
I will start of by saying I am not a tax attorney or a CPA, and ultimately one of those will probably be your best resource when it comes to...
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