Do I need an LLC

See my answer to your prior post.

LLC operating agreement in CA - deadline to submit them?

There is no need to submit the signed Operating Agmt to the Sec’y of State of CA or any other state office as a matter of course. Some licensing...

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Unfortunately none of these will help a lot for taxes and tort liability. A physician cannot escape liability for negligence (malpractice) by...

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What is the procedure for removing a partner from an established LLC?

Jargon correction: “Removal of a member” implies an involuntary removal at the behest of the other members. What you want to do is “withdraw”...

Currently I'm a sole proprietor owning a business, I plan to add partners now; do I need a new Employee Identification Number?

More important than your EIN Q: You must hire a lawyer to prepare an Partnership Agreement for you or an Operating Agreement for your LLC. You...

I have a signed 1 year "interest only" note for $50k that I lent to a gentleman based on his $90k per year income........

It’s too late for you, but for the sake of our other readers, you should have demanded a trust deed on the house as security before you let go of...

Incentive Stock Options - should I buy it ?

Well, yes, but you do need a bit of legal advice. As an offeree of stock, under the securities laws you are entitled to receive financial and...

Why would the below scenario be subject to antitrust pricing issues?

This is “retail price maintenance” which cannot be enforced by Agmts among retailers or between retailers and wholesalers or manufacturers. There...

Is there a reason why a CPA and a bookkeeper should NOT be the same person?

A CPA cannot always catch defalcation by a clever bookkeeper. CPAs sometimes disclaim responsibility for catching theft. You should set up...

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Can I legally take a car that I am a co-buyer of if the other co-buyer is not making payments and has a history of being late?

I don't see how you can "take" the car unless you have a security Agmt and a lien securing the other party's obligations to you.