by Nate Gilbert | Jun 22, 2022 | Business Law, Real Estate
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...
by Nate Gilbert | Jun 14, 2022 | Business Law
Video Recap: In an LLC managed by the members, every member can perform the functions of the LLC within the purpose of the LLC as set forth in the operating agreement. Managers are elected by members and are the ones conducting the LLC business, while members are more...
by Nate Gilbert | Jun 8, 2022 | Business Law
In this video, Texas LLC Formation Attorney goes through the functions of an Operating Agreement, and why this contract is so important in the management of your small business. Operating Agreements are just that: contracts. This contract explains how you, the members...
by Nate Gilbert | Jun 6, 2022 | Business Law
Passing expenses through a business is one of the easiest ways to achieve write offs on your tax return. Making more items and services “business expenses” allows those costs to be written off of your total profit at the end of the year; the amount you spend on the...
by Nate Gilbert | Jun 2, 2022 | Business Law
Yes- You must file this change with the Secretary of State where you formed your business, and, if applicable, amend your Operating Agreement to reflect the change in Registered Agent. A Registered Agent may either be yourself, your attorney, or a third party company...
by Nate Gilbert | May 31, 2022 | Business Law, Farm and Agricultural Law, Real Estate
A Series LLC for those businesses or individuals buying, holding, and selling real estate makes sense because of the ability to put each property in, basically, its own Limited Liability Company, instead of having all of the properties in one company. Series LLCs are...