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(786) 788-8756 | (786) 788-8982

Let's Work Together! Call us Now! (786) 788-8756 | (786) 788-8982

Each structure provides its own benefits. How one is ultimately better than another is dependent on your individual needs and requirements. An attorney can best determine which structure is right for your business.
No. An LLC is actually a partnership with corporate characteristics.
Yes, however, some of the protections may be limited in comparison to a multi-member LLC.  Additionally, single member LLC’s (LLC owned by just one owner) are disregarded entities for tax purposes and filed as a sole proprietorship.
Yes. Managers can be members, which usually makes the LLC a member-managed company
Only members who are also managers can have access to the bank accounts.  Also, managers who are not members will have access to the bank accounts.
Transferability of ownership means the ability to exchange ownership interest in a business. Generally, corporations provide for greater transferability of ownership instead of LLC’s. Therefore, if transferability of ownership is important then a corporation may be a better option
Generally, an attorney should be involved after a buyer and a seller has been located.
Generally, a quit claim deed only provides ownership from the grantor of the prior deed. A quit claim deed provides the property and title “as is.” Therefore, if the property has any encumbrances these are the responsibilities of the buyer.
Normally, they can hold your security deposit between 15-30 days following the termination of the lease depending on whether the landlord wished to place a claim on the deposit.
SG Law Group.

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(786) 788-8756 | (786) 788-8982

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