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I'm selling some shares in my company to an investor.

I'm selling some shares in my company to an investor. The investor will be contributing both cash and labor. Can we price the stock at different prices? One for the cash, and one for the labor?

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Legalease

Attorney At Law

Doctor of Law w/ highest honors

 
14,634 satisfied customers
I am starting an LLC and I am planning to use one of my

I am starting an LLC and I am planning to use one of my personal cars for marketing of my LLC. I want to know what is the best way to get tax benefits on the work that will be done to repair the car for any existing dents and scratches, adding new front and rear bumpers, getting it painted to look professional and then adding the marketing banners to it. Is it better to sell the car to my own LLC or should I take text credits for using the car for business purposes.The car will be used 80% percent of the time for marketing. I maintain 2 cars at home and I can stop using the LLC car for any personal use, if the tax benefits are huge that way.Lastly, if I sell the car to LLC, is there a way to use that car for occasional personal use?

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Asad Rahman

Attorney

J.D.

 
2,292 satisfied customers
1. I received an answer previously on JUST ANSWER but am

1. I received an answer previously on JUST ANSWER but am seeking a SECOND OPINION. Please see that previous answer at #11. Here's my dilemma.2. I have an inheritance check, under 100k, that I want to deposit into a bank account to start. The money is tax free. My issue is that I don't want my EX to know about these funds. Is there a way to have a bank account that does not include my name? I need help determining my options and executing a game plan immediately.3. Looking for a legal professional with expertise in this area. The background info follows in #4.4. My EX and I owned a business together that was successful until a 2013 social security theft shut us down. After that everything became “her way or the highway”. Therapy failed and therapists diagnosed my EX with borderline personality disorder. A recommended book on the disorder was entitled, “I Hate You Don't Leave Me”. That pretty much sums up her demeanor. When I “chose highway instead of her way”, she threatened to blow up my world and did. One asset we owned in our LLC, that today would be worth 200k, she sold for 5000 dollars with a brilliant forgery of my signature. Why? She wanted to break me financially but was willing to break herself too simply so I would get nothing. Yes she is that crazy. The last time I heard from her in 2014 she announced she had access to ALL my financial information and she did. While she may be a tortured soul, she is also brilliant, gorgeous and creative so her manipulative and tech savvy hacking skills are world class. Since that time I have added more protection on my accounts, but I want to do all I can to keep my financial information private from HER and the WORLD. She has friends that work for the state of Washington, including offices that register LLC's. The IRS already knows about these funds, but I don't want any of her friends working for the state to be able to access information on my financial accounts in Washington state. She tried to destroy everything I had in our break up, even at her own expense. Since my legal fees were breaking me I gave her all our assets in the LLC and walked away with nothing but my house and car. My hope was that in doing so, it would satisfy her lust for my blood. I'll never know if it's over for her. That's why I am trying to take every precaution to move on with my life and keep her out of my affairs.5. No phone conference please.6. My funds are not taxable and are from an inheritance.7. I am on the West Coast, Pacific time, Washington state.8. What are the fees associated with both a trust and an LLC? Which is more? Are there more options then these two? Something simpler and less expensive?9. I have a banker friend locally and a banker friend in Iowa.10. I eventually want to invest these funds, but for the time being want to secure them and have them available to me as needed.11. Here's the answer from a previous JUST ANSWER professional.Your desire to conceal your assets from your former partner is not that hard to do. Form an LLC and transfer the money to a new checking account in the name of the LLC. Form the LLC in Nevada to save funds. A trust might be a vehicle to hold the money however you will have to have a bank account in the name of the trustee. The trustee could be a bank in order to avoid using your own name; however, there will be trustee fees based upon the amount being held in the trust. Form the trust in Iowa & name the Iowa bank as the trustee & no one will ever find it.

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Attorney

Juris Doctorage

 
300 satisfied customers
Corporate office bearer C&O question. I am currently own

Corporate office bearer C&O question.I am currently own my own VA LLC which is a single member LLC. I am also a practice manger for my wife's practice, a small healthcare practice.Recently (since Feb 2016) couple of my acquaintances asked me join their VA LLC as partner. It is staffing and IT consulting company. It so happened that when I joined the company I was named as 'Chief Manager' which in LLC terminology runs the company day to day operations. I do not have access to and do not operate financial activities and I do not operate payroll activities either. However, I myself want to be very careful in omission or commission of the company. Are these two (1) Being a partner in the operating agreement and (2) being the chief manager of the company two independent events? That is my first question. Assuming company does some mistake without my knowledge ( this is hypothetical question please) will I be responsible in the context of the above two points? Assuming company does something wrong by misleading me (again hypothetical please) will I be responsible in the context of the above two points?Two partners of the company are H1B non-immigrants. According immigration sources H1B people can own business in US. The original founder is a US citizen, who is considered the President and CEO of the company. Company is trying to replace the original founder with an African American to bring diversity to company management (this is my suggestion), which can give me also a very good opportunity to step down from chief manager position as the new incumbent is willing to take over management. One of my thought processes is to stay as Partner in the operating agreement and step down as chief manager ( I guess it may almost become like a silent partner), I can assume an individual contributor role as Business Development Associate and Facilities Manager (who will take company office and company condo etc). This company works with non-immigrants and often works in the scope of immigration law. So I would like to be even more careful. I am not a business executive by any means, but I am trying to bring expert help to these people. I am asking various consulting experts in the payroll, HR and accounting, and even immigration aspects so that these people will get educated in running the business 'as per law of the land'. I do not tolerate any exception to the law, does not matter what it costs. Even then I want to be careful and do not get involved at levels unnecessary to my risk bearing abilities. I know startup companies do not have enough money to follow every rule. But my way is to raise money by loans and partner contributions and stand out and respect law. i am telling them this exactly and I see they are listening.I need your suggestion what is best for my personal safety legally. They love me to be partner and if possible to lead the company. But they will insist me to be at least partner and a lower level employee (honorary because they may not have enough money to pay me though). Bot***** *****ne I do not want to be in the news because company did something stupid.

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37,602 satisfied customers
For". Esq." to move on the declaratory relief I would need

for "William B. Esq." to move on the declaratory relief I would need records from the cooperative to support my argument. I have nothing. Since I would be the plaintiff/petitioner what would I do. The cooperative would not be party to the case.

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William B. Esq.

Attorney

Doctoral Degree

 
18,556 satisfied customers
What form do I file when the defendant defaulted in

What form do I file when the defendant defaulted in attending a pre-trial hearing in Hillsborough county Fl Small Claims cout? Where do I get the form and who should it be sent to?The judge entered a default judgement but I understand from one of your attorneys thathave to file a default form for the court to determine if the defendant was properly served.I showed the Judge where the defendant was served via certified mail and someone in the office signed fo rthe pre-trial conference document. I was also told if the default service was accurate, I could put a lien on their property but I want my $5,000 investment and leal fees returned.I'M NOT SURE WHERE TO GO FROM HERE.

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Asad Rahman

Attorney

J.D.

 
2,292 satisfied customers
I'm bringing on a new partner to my S-Corp to have 30%

I'm bringing on a new partner to my S-Corp to have 30% stake in the company. Currently, I own 70%, and the company owns 30%. We'd like to change it to the company = 10%; new partner = 30%; and I = 60%. Is there an easy way to accomplish this? Do I need to sell him 10%, and then have the company sell him 20%? Or is there a method to just do one transaction for him?

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I red an interior decorator to furnish my home. She in turn

I hired an interior decorator to furnish my home. She in turn hired a delivery company. They overcharged her for the delivery so she refused to pay them the extra. The sent me a letter today statin intent to take me to small claims court. I didn't contract with them, am I liable?

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William B. Esq.

Attorney

Doctoral Degree

 
18,556 satisfied customers
What are the legal requirements including licenses

What are the legal requirements including licenses /certifications for setting up a real estate brokerage and/or investment firm of my own in New York City?

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Richard - Bizlaw

Juris Doctor

 
9,426 satisfied customers
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