California LLC (Simplified!) 36 Common Questions Answered (2020)
…there are four different ways that your LLC can be taxed: LLC taxed as a disregarded entity (by default) LLC can be taxed as a Partnership LLC can elect to…
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Protecting your Investment Property in 4 Steps (The California Real Estate LLC )
…risks they cannot control they look to insurance and llc protection.“ Benefits of the California Real Estate LLC In short, the three major benefits of the California real estate LLC…
California LLC Maintenance: Checklist (2018)
…This is true for both single-member LLC and multi-member LLC’s. Similar to a corporation’s bylaws, your LLC’s operating agreement specifies, amongst other things: Who owns your LLC Management of your…
Using A California LLC To Hold Real Estate
…real property can enjoy the protection of an LLC liability shield while avoiding the double-taxation of some corporate business structures. Drawbacks of a Real Estate LLC While an LLC may…
Understanding the California LLC Tax
…LLC are other LLCs, the fee is based on total income not included in the fee calculation of another LLC. In theory, this should avoid a circumstance where LLC gross…
How to Revive a Suspended California LLC
Do you have a suspended California LLC? A California LLC loses all of its legal rights when it is suspended. Theoretically, this means that your company must shut down completely and…
Filing your California LLC’s Articles of Organization
…Purpose of your LLC: Section 2 requires information on the purpose behind why you are setting up an LLC. If you are using the LLC-1 form listed above, then you…
What is the difference between a multi member and single member California LLC?
In recent years, limited liability companies (LLC’s) have enjoyed significant gains in popularity. As the business structure of choice for numerous startups, the standard LLC serves to protect corporate assets…
Protect your Real Property, Part 4: LLC’s & Insurance
Fully Protected Real Property: Setting up an LLC and Having Adequate Insurance This is the fourth and final part in a four-part series aimed toward explaining some of the options…
Part 3: Do I need an LLC if I have Insurance?
…brought by an individual because of something that occurred on the property. Should I have an LLC or just buy insurance? While the formation of a limited liability company (“LLC”)…
