Get free answers to your Business Formation legal questions from lawyers in your area.
I'm looking to start freelance software development part time - I was interested in setting up a solo proprietorship since the work I'll be doing will have no liability and won't benefit from an LLC. I wanted to find out what business licenses\tax forms I would need to apply for.
answered on Jul 11, 2017
I would disagree with your statement about needing to incorporate (or, as you stated, form an LLC). Liability is not just limited to exposure from a potential client. You should definitely speak with a lawyer prior to make any final decision. Taxes are at the (1) federal level (EIN), (2) state... View More 
We will be equal owners of the property and want to ensure that the land is not split up and kept in the "Family". Should we form an LLC since we will share the payment load or some other partnership? Should we get pre-approved for the loan first or should we wait till we form the LLC... View More
answered on Sep 17, 2015
It is an interesting way to avoid the problems, down through the generations, which are likely to happen with simply being co-owners. I suggest that you get an attorney to draft the operating agreement, being sure to address concerns as:
1) how the LLC is to be wound-up and the property... View More
My partner and I live in different states; one in Virginia, one in Texas. We each currently have our own local businesses that we'd like to maintain, however, for national/global work we are interested in partnering and creating a single business under which we can do this work. What is the... View More
answered on Aug 11, 2015
Best to consult with a local business lawyer who can advise based on your specific goals, business arrangement, financial situation and tax circumstances.
Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is general information that is... View More
answered on Nov 22, 2013
Talk to an attorney about the best way to do that: there are multiple options, depending on what you are trying to accomplish other than a "simple" change of form. Make sure you talk to your attorney about how your operating agreement and bylaws may need to change as you move to... View More
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