Here is my case I will be the only owner and employee of my LLC , LLC will be in Dallas,TX It would be an IT Staffing company LLC address…

Continue Reading Do I Need A Registered Agent For My LLC?

I am planning to start a service business that I will operate independently. My wife will not formally participate in the business except as an informal adviser. I'm stuck on…

Continue Reading Should I Add My Non-Participating Spouse As A Member To A New LLC

I am considering re-titling some rental houses with each having its own dedicated single member LLC whereby the LLC's lone member (owner) would be my existing consolidated taxpaying multi-member LLC…

Continue Reading Are LLCs Appropriate For Holding Title Of Rental Property?

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…

Continue Reading Why Does My Bank Refuse To Move Property Into LLC?

My wife and I are considering starting a business in Arizona providing therapy services to children. We have chosen to form an LLC and are not sure whether to classify…

Continue Reading Which Is Better – Single-Member LLC Or Multi-Member LLC

Since I'm going to be opening a home based business, is forming my LLC the same as having my business license or is that something separate I also have to…

Continue Reading Is A Business License The Same As An LLC?

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…

Continue Reading Can An LLC That Owns Real Estate And A Business Also Be The Same LLC For A Self-Directed IRA?

Can a non-us person be a member of an LLC? - David, Florida Answer Yes. Unlike S-corporations, LLCs can have non-US citizens as members. If you wish to have your…

Continue Reading Can A Non U.S. Person Be A Member Of An LLC?

When an individual incurs organizational costs while setting up their single member LLC, are they able to elect to amortize and/or expense organizational costs through the Schedule C (1040). My…

Continue Reading Can A Single Member LLC Elect To Expense Organizational Costs On Their Individual Tax Return?

Can a trust be the single member of an llc in Illinois? If so, what are the practical considerations, advantages and disadvantages? - Mike, Illinois Answer Yes. Illinois permits single…

Continue Reading Can A Trust Be The Single Member Of An LLC In Illinois? If So, What Are The Practical Considerations, Advantages And Disadvantages?