Create An LLC
Maintain An LLC

The LLC was created in 1977 by an unlikely state. The Limited Liability Company has since become the entity of choice for the majority of business owners. Read the history behind the LLC to get a better understanding of how this entity works.

It is becoming prudent in many states to add an additional member to your LLC. It is important however not to appear as though you are adding a straw-man member. All LLC members must have a legitimate interest in the LLC, but what is a “legitimate interest” may be a matter of perspective.

So you own rental properties, and you need to protect them. Do you form an LLC for every single rental property? Or do you throw all the eggs into the same basket. I discuss it here.

Forming an LLC is the right decision for almost any small business owner or partnership. Most business owner’s are worried about three issues when starting their business. Those issues are 1) start up costs, 2) lowering tax liability, and 3) liability protection. I will discuss how forming an LLC is the best solution for each of these.

For those who do not know, STARTrightllc.com is a new web site where business owners may go to create and maintain an LLC. The Utah LLC was the first to be available this summer in July. The California LLC and the Arizona LLC followed quickly in late July early [...]