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…
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…
Can an LLC pay its members an hourly wage, which is tied directly to the number of service hours contributed to the enterprise, and perhaps even to a percentage of…
Can a c-corporation be the sole member of an LLC and if so how report income/loss..... Answer Yes, a Limited Liability Company can have a C-corporation as its member. The…
I have multiple rental properties I want to put on one insurance policy. Can I do that? Answer Ask your insurance agent about this one. I have talked with a…
Can I use a P.O. box as the primary address for my LLC? I am looking to incorporate in Pennsylvania. Answer Most states, including Pennsylvania, require a street address (not…
I would like to set up an LLC where I also retain final decision making on all issues. Is this possible. If so, is it accomplished by designating myself as…
Would it be sufficient to write "capital contribution" or "start up" on the memo line of your check from your personal account in terms of documentation or should you draw up…
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,…
If we are changing from a standard business to an LLC do we need to change title to the LLC on a vehicle that has been previously depreciated out? Answer…