Questions tagged [limited-liability-company]

to be used for any question related to Company incorporated with Limited Liability. Abbreviated as LLC. LLC is a US specific term per se. Other countries have similar concepts but are called differently. Even if the question are for different countries, the tag "Limited-liability-company" is still recommended to be used as long as the meaning is same.

477 questions
34
votes
7 answers

Why would my job recruiter want me to form an LLC?

What are the benefits of forming an LLC when contracting for a high-paying job? My recruiter is asking me to do some tax things that I don't really understand. He's also a bit of a snake so I am worried. I am pursuing a high-paying position through…
SoAnon
  • 349
  • 1
  • 3
  • 3
8
votes
1 answer

How to receive packages pseudonymously?

I've incorporated an LLC and do business through it under a pen name. I'd like to receive packages at this LLC, addressed to my pen name, without having them sent to my home address. What's the most straightforward way to do this? A PO box won't…
Crashworks
  • 182
  • 5
2
votes
1 answer

I paid a contractor to make roof repairs to a house in my LLC. How can I deduct this cost?

A rental house is in an LLC owned by my brother and me. In 2016 it needed a new roof and there wasn't enough money for this repair in the LLC, so I made a contract stating that I would make a loan to the LLC. We both signed it. I did not put the…
1
vote
1 answer

Can I create a Brokerage account on my own company's name?

I own an LLC ( 2 member) in US. Can I have a brokerage account under its name? If yes the income/loss/ expenses associated with the account can be part of the LLC financials? Will the brokerage company provide me with annual Tax statement?
DEEM
  • 315
  • 2
  • 7
1
vote
2 answers

Selling my two family home and buying back with tenant thru an LLC

My tenant wants to buy my two family home. I am widowed two years and tenant offered me to stay in my apartment. She suggested that thru an LLC she would buy her apartment by a contract where she gives me money to pay off my mortgage and still…
Ann M
  • 11
  • 2
0
votes
1 answer

File for LLC now or when closer launch?

Do I need to file for LLC right now? The only reason I think I may have to is to secure the company name I want, so that Number 1 I have it, and number 2, so nobody else can take it. I hope that makes sense... other than that reason, as of right…