LLC member sold property without notifying other members. What can be done to get my investment and share of?

November 27th, 2011
LLC
So confused asked:


I am a member of an LLC that owned property in Hawaii. The LLC is recorded in California. I happened to find out that the property sold in April. What can I do to get my investment and share of the sale proceeds?

Share and Enjoy:
  • Digg
  • MySpace
  • LinkedIn
  • del.icio.us
  • Facebook
  • Google
  • Live
  • blogmarks
  • feedmelinks
  • Reddit
  • StumbleUpon
  • Technorati
  • Wikio
  • Yahoo! Buzz
  • YahooMyWeb

Is a DUI/DWI charge considered a criminal offense or a traffic offense?

November 25th, 2011
DUI
JIM Tahoe asked:


In the State of Maryland is a DUI/DWI charge considered a Traffic Misdemeanor or a Criminal Misdeameanor?

Also when in the State of Maryland is a DUI case considered a Felonly?

Share and Enjoy:
  • Digg
  • MySpace
  • LinkedIn
  • del.icio.us
  • Facebook
  • Google
  • Live
  • blogmarks
  • feedmelinks
  • Reddit
  • StumbleUpon
  • Technorati
  • Wikio
  • Yahoo! Buzz
  • YahooMyWeb

I was arrested for DUI, but plead to reckless driving. Will I be allowed to cross the Canadian border?

November 12th, 2011
DUI
Brent Fisher asked:


I was arrested for DUI in 1996, but I plead to reckless driving (dry). I am planning on driving into Canada this summer 2010, will there be a problem entering, even though I was not convicted of DUI?

Share and Enjoy:
  • Digg
  • MySpace
  • LinkedIn
  • del.icio.us
  • Facebook
  • Google
  • Live
  • blogmarks
  • feedmelinks
  • Reddit
  • StumbleUpon
  • Technorati
  • Wikio
  • Yahoo! Buzz
  • YahooMyWeb

If I receive funds from someone to help get my LLC started, How or Would I even need to report the funds?

November 12th, 2011
LLC
Dan F asked:


If it was a sole membership LLC, and someone wanted to give me money to get it going, would I need to have this person sign something to show where the funds came from? Would these funds be taxable?
It would be a gift.

Share and Enjoy:
  • Digg
  • MySpace
  • LinkedIn
  • del.icio.us
  • Facebook
  • Google
  • Live
  • blogmarks
  • feedmelinks
  • Reddit
  • StumbleUpon
  • Technorati
  • Wikio
  • Yahoo! Buzz
  • YahooMyWeb

How should an Assignment of lease to an LLC form read?

November 8th, 2011
LLC
C asked:


I am currently renting a property in my name and will be creating an LLC. Once created, the tenant will be instructed to pay the LLC.

What should the Assignment of Lease form state that will be given to the tenant?

Are there any sample forms available?
I searched the internet, but am not clear since most samples seem to be between two parties. Or do I need to consider myself and my LLC as two parties??

Thanks!

Share and Enjoy:
  • Digg
  • MySpace
  • LinkedIn
  • del.icio.us
  • Facebook
  • Google
  • Live
  • blogmarks
  • feedmelinks
  • Reddit
  • StumbleUpon
  • Technorati
  • Wikio
  • Yahoo! Buzz
  • YahooMyWeb