LLC Legal Questions and Answers

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Can I form a US Company for a non-resident of the United States and list business address as Japan?

In filling out my Washington LLC initial report I'm writing my sole manager's address correctly as in Japan, as well as the place of operations as the same address in Japan. All monetary concerns will be purely online sales and go straight into a business account in Washington, hence registering the LLC in Washington. Will registering both the sole manager and place of operatio...

02/02/2017   |   Category: LLC   |   State: Washington   |   #31469

Does a LLC For Rental Property Need to be Formed in the Same State as the Property Location?

We want to form an LLC to own rental property we recently purchased in Florida. My question pertains to what type of LLC should we form. I have been informed by those in real estate that forming an LLC in Florida or forming a foreign LLC that operates in Florida are not required since you are not doing 'business' in Florida. Apparently 'business' refers to buying and selling...

04/24/2012   |   Category: LLC   |   State: Texas   |   #25666

Can I Have Non-Citizens as Members or Managers When I Form a LLC?

I would like to start a limited liability company in the state of NY. It would be a focused on producing clothing, posters and other merchandise featuring a variety of designs. The business is intended to be mostly managed online, but we'd also like to have the option of participating in local markets, as well as to offer them to established apparel stores.Currently we are 3 p...

08/22/2011   |   Category: LLC   |   State: New York   |   #25387

How Do I Buy Property and Sign for the LLC?

I have a LLC was managed by its members in 2005 when it was formed and now I am the sole member. It was formed in March 2005. I have a written general operating agreement dated May 2011. Until that time it was only a verbal operating agreement. Both are acceptable in the state of MT.How do I leagally sign papers for the LLC for real estate transactions? Do I sign the Comp...

05/16/2011   |   Category: LLC   |   State: Montana   |   #24844

What Needs to Be Filed When a LLC Member Resigns?

When a member resigns from an LLC in the state of NC what is the process and/or what documents needs to be signed or filed?

04/11/2011   |   Category: LLC   |   State: North Carolina   |   #24618

How can a single member LLC add a member?

My new husband owns a business, it's an LLC. He wants to make me a joint owner and partner. What forms would we need to do this?

03/11/2011   |   Category: LLC   |   State: Missouri   |   #24377

How Do I Reissue Units of an LLC to a Foreign Investor?

LLC has repurchased outstanding units from two members. LLC desires to reissue to a foreign investor who also will contribute additional funds to the LLC. What type of document is best suited for recognizing this transaction and what should the contents entail?

02/22/2011   |   Category: LLC   |   State: Washington   |   #24268

Mutual Benefit Corp

I am starting a social club for men with the intent on charging membership dues and holding events where we would profit from ticket sales. The profit would be used for the benefit of its members. Should I set this up as a Mutual Benefit corporation? If not how should I proceed?

12/16/2010   |   Category: LLC   |   State: Rhode Island   |   #23829

Can a Single Member LLC Represent Itself in Court?

Here is a legal argument that I feel is flawed. What is your thought? Argument: 'A Limited Liability Company is a Corporation and the Law has for many years required that a Corporation must be represented by an Attorney.'Rebuttal: 'A Limited Liability Company is NOT a Corporation. Single Member LLC operate like a Sole Proprietor with an additional layer of protection against li...

10/03/2010   |   Category: LLC   |   State: Michigan   |   #23317

If My House Goes into Foreclosure Can They Attach Assets of My LLC?

I'm underwater $125,000 on my primary residence, other than that I have very little debt. If I let house go to foreclosure should I be overly concerned about a deficiency judgement Indy mac Bank coming after assets in Nautilus Fitness Plus, LLC formed in Nevada and Baker Properties, LLC formed in Va. Both LLC's are two member LLC.

10/02/2010   |   Category: LLC   |   State: Ohio   |   #23315
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