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Many real estate investors and business owners form Limited Liability Companies (LLCs) to hold rental properties, commercial buildings, or even vacation homes. One common question is: Can I live in a house owned by my LLC? The short answer: Yes,…

In Texas, Limited Liability Companies (LLCs) are one of the most popular business structures thanks to their flexibility, liability protection, and tax advantages. But one question that often comes up—especially in estate planning and asset protection circles—is: Can a trust…

When forming a nonprofit organization in Georgia, one of the first legal structure decisions you’ll face is what type of entity to create. While LLCs (Limited Liability Companies) are popular for small businesses, the question often arises: Can a nonprofit…

Many entrepreneurs and social impact leaders wonder: Can a nonprofit be an LLC? While Limited Liability Companies (LLCs) are most commonly used for for-profit businesses, there are cases where an LLC can be structured as a nonprofit. However, doing so…

When forming or running a Limited Liability Company (LLC), one question that often comes up is: “Can a member of an LLC also be an employee?” The answer depends on how the LLC is structured — whether it’s a single-member…

When forming or operating a Limited Liability Company (LLC), it’s important to understand how ownership, contributions, and profits are tracked. One key concept that plays a central role in this process is the “capital account.” So, what is a capital…

Forming a Limited Liability Company (LLC) is a great way to protect your personal assets and operate a business legally. But forming an LLC is not a one-time task. Each year (or every few years, depending on your state), you…

When forming a Limited Liability Company (LLC), one of the first decisions you’ll need to make is which address to list for your business. Many entrepreneurs, freelancers, and small business owners wonder: “Should I use my home address for my…

Transferring real estate into a Limited Liability Company (LLC) is a smart move for many property owners — especially real estate investors, landlords, and small business owners. By placing property into an LLC, you gain liability protection, potential tax benefits,…

When forming a Limited Liability Company (LLC) in Texas, entrepreneurs have the option to create a unique structure called a Series LLC. But what exactly is a Series LLC, and why is it popular among investors, real estate owners, and…