LLC for Real Estate: Why an LLC is the best bet for Real Estate Establishing an LLC (Limited Liability Company) for a rental property is a strategic move that offers numerous benefits to an individual. The essence of an LLC caters perfectly to the needs of property owners by providing a favorable tax structure and …
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Company Registration in USA for Non-Residents: Complete Guide Navigating the complexities of registering a company in the USA as a non-resident may feel like an intimidating task. However, with the right guidance and knowledge, this task can turn into a seamless process of establishing a company. Whether you’re an entrepreneur or a foreign business looking …
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Registered Agent: Can I be my own Registered Agent? Can I be my own registered agent? Well, absolutely, you can be your registered agent, provided you reside in the same state where your company is established. This option serves small business owners with the advantage as these owners are their direct way to stay on …
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Cheap LLC: What is needed when Creating an LLC When it comes to forming a cheap LLC, the choices can be overwhelming. You may find a pool of service providers offering LLC registration at various prices, but how do you know which option is best for you if you are creating a Cheap LLC? Therefore, it …
Do I need to pay the $800 California FTB Fee for my LLC or Corporation? Due to the fact that most LLCs and Corporations are “Pass-through” entities, it is mandatory for these business structures to pay a minimum of $800 per year to keep their organizations active. The Pass-through entities are inclusive of companies that …
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DBA Vs LLC: What is the Difference between a DBA and an LLC? In the corporate market, two terms are frequently used- DBA and LLC. DBA is a Sole-Proprietorship commonly known as “Doing Business As.” It is the simplest form of business structure available to entrepreneurs or new business owners. A sole proprietorship is basically …
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How does Liability Protection work in an LLC? The term “LLC” signifies a Limited Liability Company, referring to a business structure similar to a corporation. Unlike its counterpart, this business structure is a simplified approach as it makes management easier for the business owner. Basically, an LLC is a business type that has extracted the …
What is the difference between an LLC and A S-Corp? We understand that choosing a business structure is an important step for someone starting their own business. With the vast amount of knowledge on the internet, it’s easy to get confused among all the technical terms. This post aims to simplify all of them and …
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What is an ITIN? Do I need one? ITIN is officially known as the Individual Taxpayer Identification Number, a unique identification number issued by the Internal Revenue Service (IRS). It is specifically designed for individuals who do not have and are not eligible to obtain a Social Security Number, but still need to comply with …
What Is a Seller’s Permit? Who Needs One & How to Get a Seller’s Permit! A Seller’s Permit authorizes you to collect sales tax on taxable transactions involving goods and services. When you sell a tangible item, the state government requires you to add sales tax to the retail purchase price of your goods and …
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