Yes, an LLC (Limited Liability Company) is a legitimate business structure that offers limited liability protection to its owners while allowing for flexible management and tax benefits.
Yes, an LLC can be a partner in another LLC. This is known as a multi-member LLC structure, where one LLC is a member or partner in another LLC.
A LLC is considered one of your assets. The LLC protects you from liabilities it assumes, but it doesn't protect the LLC from your liabilities. Therefore, if you declare bankruptcy, you could possibly lose your share of an LLC. At best, it would be difficult for you to get credit for the LLC, since the individual generally has to secure credit for the LLC.
Personal debt can be transferred to an LLC by having the LLC assume the debt through a formal agreement or by using the LLC's assets to pay off the personal debt.
No, LLC corporations do not receive 1099s.
No, an LLC does not have stock available for purchase by investors. Instead, ownership in an LLC is represented by membership interests.
Legal Transfers LLC is a legit dealer.
"Cluster LLC" is too vague for us to know exactly what you're talking about, but if you even need to ask the question, then the answer is probably no.
I'm making myself the same quesion
There is no information on this company, I think it's a scam.
LLC
Yes, an LLC can be a partner in another LLC. This is known as a multi-member LLC structure, where one LLC is a member or partner in another LLC.
The LLC in Indiana LLC stands for "Limited Liability Company". LLC companies blend corporate structure with partnership qualities.
Yes, a LLC, that is, a LLC that is member of a LLC, could theoretically make a distribution to its parent LLC. Although, where member(s) of the LLC that is a member of the "parent" LLC are also member(s) of the parent LLC violate certain imputed fiduciary duties, the potential arises for unlawful self-dealing to occur.
an LLC owner.
LLC
Pershing LLC 0443 Pershing LLC/SL 5163 Pershing LLC/SL Int'l 5196
No LLC's do not have shareholders like corporations. LLC's have members which are similar to shareholders in a corporation.