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.
Yes, an LLC can be a partner is a partnership and they often are. In this case, all partners in the general partnership are general partners.
A managing member in an LLC is a person who holds an ownership interest the company. However, that person also is active in the day to day management of the company.
Similarly to any other corporation, you can seek private investors to partner with or issue stock.
The definition of an LLC is a limited liability corporation. And as such each partner has a very limited liability to the actions of other partners. If a scam is involved then an investigation will be launched into who was involved but as far as financials go I believe that the company will take the hit on a defaulted loan and not the partners own pockets.
When you die, your LLC can continue to exist if you have a succession plan in place. This plan may involve transferring ownership to a family member, partner, or selling the business. If no plan is in place, the LLC may need to be dissolved according to state laws.
yep trust is the main thing in your relationship
There are multiple mobile partner groups loated in Texas. One group, which is located in Houston, Texas, is called Mobile Partner Group LLC. Hope this helps!
If the home foreclosed on happened more then two years ago you should be in the clear. A silent partner is probably the way to go.
LLC
LLC is usually a partnership, and each individual is a partner. President, vice president positions are meant for the officers of full corporations.
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