It seems that if you paid her (a deduction) so that she could pay you rent (income), there would be some sort of wash there with the income offsetting the deductions. The way this might benefit you, is this could then be treated as a rental and you would be able to depreciate the property....Read more »
It depends on the company documents and what they specify for resolving disputes. If a dispute cannot be resolved, then you can sue in court to terminate the company and distribute the assets between the two partners. Use the Find a Lawyer tab to retain a local attorney who handles business...Read more »
We are not running it like a true business, we have no employees, just collecting rents. It appears there are different rules for a community property vs. non-community property state (Ohio). We are just wanting something simple not having to create a partnership or joint venture, is this possible?... Read more »
An Ohio LLC can be created on-line with the Ohio Secretary of State. But you should retain a local attorney in OH to discuss setting up and operating the LLC properly and property ownership. You also should consult your tax advisor regarding the different options that can be elected for federal...Read more »
If a company sold me a lifetime home warranty went out of business but then the owner went and opened a new business must he still somehow honor the warranty for my basement system? He now owns a foundation wall support co. but owned a basement waterproofing co. I contacted him but he was a... Read more »
My landlord rented to a convicted sex offender w no background check. I informed him of this mans past. He’s been convicted of multiple indescent exposures, rape, pandering kiddy porn. He also admitted in a court doc to publicly masturbating near schools in hopes of being seen.
Who is telling you to do that? If it is the company's attorney or accountant advising you to do this, get a second opinion if you are uncomfortable. As president, you have certain fiduciary duties under Ohio law, and so the company should have both an attorney and a tax adviser to provide...Read more »
We want to expand to general and electric contracting (I am finishing my electrical contracting license this year). Is amending the LLC or a Doing Business As and changing the name allowed, or do we need a new LLC?
There can be many reasons for creating a new LLC to conduct a new business activity. Use the Find a Lawyer tab to retain a local business law attorney to review your situation and plans, and advise you. You also should consult a business tax accountant, and a business insurance adviser.
Another company and took our client from our business and added this other client to their business. I am now suing a year and a half later because our contract dictates they are involuntarily withdrawn due to their outside business. Did I wait too long?
I am feeding/caring for all 8. It's been 9 days since their FIRST oppyto pick all back up. Can I charge boarding and can I place a "veterinarian" style lien until invoice is paid if/when they decide to pick up?
Probably not - but only if it went to court, and the court decided in your favor. But a new employer might want to avoid the potential problem and refuse to hire you, or fire you if the other employer notifies them. Use the Find a Lawyer and retain a local employment law attorney to review the...Read more »
Get a lawyer to help you with this. Opening the company is fairly straightforward, but there are lots of regulations concerning the packing and sale of these products and you need to be familiar with them.
He verbally agreed , he worked with land lord on a new lease, he texted me and told me to keep all of the current fountain drink equipment and not have the company pull it out. He then backed out at last minute after he verbally agreed to buy and I told all other potential buyers that it was sold... Read more »
If you have this question and are selling a business, and now have a potential legal claim, you should retain a local business law attorney to review all the facts, evaluate any claim, assist you with the sale. Use the Find a Lawyer tab.
No, but any legal documents should include that to properly identify your business. Since you are asking such a basic question, if you don't already have a business attorney assisting you, then you should establish such a relationship. Use the Find a Lawyer tab to consult a local business...Read more »
I keep trying to sell a Klipsch headset on eBay. I took the pictures of the product myself, but I keep getting my listing removed, because Klipsch is claiming copyright infringement over my images. They are my own pictures I took myself, and I feel I'm being harassed by Klipsch. Klipsch is wasting... Read more »
This sounds like it happened in Michigan. You are going to want to repost in that state to find lawyers from that state as laws vary from state to state. In Ohio, it is illegal to buy smokes with food stamps.
My 17 year old daughter is trying to get a retail clerk position with a company that avoids hiring minors due to policy. The manager stated that if she can find an 'out' of being legally considered a minor, she can be hired. She is a CCP student and although she is considered a high school student,... Read more »
My boyfriend and I are trying to start an online business. Would this be considered a partnership? If so, do we need a partnership agreement? Does that agreement need to be also signed by a lawyer? (We don't have money to consult lawyers about these things). As far as when we are filing our taxes,... Read more »
Those questions cannot be answered on-line. If you want to start your business properly, and avoid future problems, then you need both legal advice and tax advice. So you should save up enough money to obtain that professional assistance so you can start the business correctly. You and he would...Read more »
If the owner is the sole owner of the company, probably, as long as they are not asked to do something illegal. Perhaps there are some tax related issues. Employees in Ohio are at-will employees, and can be terminated for any reason or no reason, unless they have an employment contract or union...Read more »
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