Banking / Financing Archives

I will be forming an LLC where I will be the sole member/owner to open a business bank account. I will initially transfer an amount X of money from my…

I opened an LLC for the purposes of owning rental property. However, after forming the LLC and asking the bank about it, the mortgage bank indicated that they do not…

I am interested in putting my assets--thus far two parcels of land--into an LLC as a holding company. I would also like to open my own advertising business, and put…

I'm attempting to start up a coffeehouse and want to maintain control of my venture, but don't have the necessary capital saved up to begin operations. To make it simple,…

I have an LLC, we are starting to run low on funds as our LLC was established for our ghost hunting club. This was so we could legally accept funds…

I assume I will occasionally get a check payment from a client made payable to my personal name instead of the LLC name. So, I plan to set up the…

Using your home address for your LLC address, won't that be a bit confusing in terms of your personal bills, utilities, even to your mail carrier, etc? Won't that seem…

I recently formed an LLC from a sole proprietorship. Knowing that I'll have to be more diligent about separating funds, is transferring money from a business account to a personal…

If I win a large lottery amount over 30 million what are the benefits to me having a family trust or foundation and a LLC. Will I be able to…

If a person has several SMLLCs, are they allowed to use their individual name and TIN when opening bank accounts for each SMLLC or do they have to use the…