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?

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?

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…

Continue Reading Can an LLC Pay Members an Hourly Wage that Varies on a Project-to-Project Basis?

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…

Continue Reading Can A C-Corp Own an LLC?

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…

Continue Reading Can I Insure Multiple LLC’s Under The Same General Liability Policy?

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…

Continue Reading Can I Use A P.O. Box As The Primary Address For My LLC?

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…

Continue Reading Can One Member Also Manage The LLC To The Exclusion Of The Other Members?

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…

Continue Reading How Do You Record Capital Contributions In An LLC?

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,…

Continue Reading Startup Capital For A Coffeehouse LLC

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…

Continue Reading Do I Need to Transfer a Business Vehicle’s Title to My LLC?