Considerations For Running Your Property Management Company

Acquiring real estate through business entities is a popular choice for wealth management, asset diversification, and passive income.  Larger portfolios with several types of properties will often employ property management companies to run the day to day operations. ...

LLC vs Partnership in Texas

When starting a business in Texas, there are many factors to consider, including the type of entity to choose. Two popular options are the limited liability company (LLC) and the partnership. Both offer unique advantages and disadvantages, and it is important to...

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Can I Use An LLC To Avoid Taxes?

Yes, but not in the way that you think.  There is a growing sentiment among popular online advice columnists and bloggers that LLCs can help you avoid a large amount of tax, and that therefore everyone should have an LLC, even if they are not running an actual...

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How Do I Change the Name of My LLC in Texas?

If you want to use a different name for your business, make sure you differentiate between “I want to change the entire name of my business” and “I want to use a different name for my business in certain situations.”

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How Does a PLLC Protect A Professional from Malpractice in Texas?

A Professional Limited Liability Company is specifically provided for professionals looking to offer their services through an entity in Texas. Professional services, as defined by the Texas Statutes, means “any type of service that requires, as a condition precedent to the rendering of the service, the obtaining of a license in this state.

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Member vs Manager: Who Should Have What Role in Your LLC?

Regardless of the form of LLC you decide on (Series LLC, PLLC, or regular old LLC) you will need to make the decision of whether your new Texas entity will be Manager Managed or Member Managed. For the sake of this page, we are going to assume the owners of the LLC have chosen to have the company be managed by one or more Managers—Manager-Managed.

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Top 3 Mistakes When Starting Your LLC and Their Solutions

New business owners in Texas often form LLCs to start their company, but this process can be full of pitfalls and sometimes even the most careful of small business owners can make a mistake. Texas LLC Formation Attorney Nate Gilbert takes a look at the most common mistakes and their solutions.

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How Do I Create A Series For My Series LLC?

Creating an individual Series for your Series LLC is a straightforward process, but there are some critical steps that you need to take.  When creating the new Series, you are effectively creating a new LLC, for all intents and purposes, and just as when we are...

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