I am getting a few partners to pool $100,000 as a downpayment on a commercial property that is $600,000. Obviously we are getting a loan for the rest. Can I take a fee from the downpayment proceeds for putting the contract together. A percentage, like 5% to 10% of the downpayment, I was hoping. I... Read more »
We are looking to file as an LLC in the State of Ohio. We have a few questions in particular about taxes and finances. We've been in business for around a year now, as a sole proprietorship. We've recently become pretty successful, we are on track to make much more than expected.... Read more »
Sounds like you'd benefit from building a relationship with a good CPA. In addition, you'd likely benefit from talking to a business lawyer. If you're running a serious business, you want to make sure you're protecting yourself, including using agreements tailored to your...Read more »
I'm not sure how to make sure my websites are "part of" of LLC business in Ohio. I recently established an LLC for my online media and website incomes. Each time I create a new income earning website, what steps do I need to take to make sure that website is part of the LLC, or... Read more »
You really just need to make sure the LLC is responsible for the websites. An LLC can be set up to engage in a specific industry or can even be very broadly defined to "conduct all lawful business." Found an LLC and define it as a company engaged in ecommerce and then use the LLC to set...Read more »
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