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How to Create Your Own LLC Operating Agreement
 
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Get Started On Your LLC Operating Agreement with Rocket Lawyer Here: http://retipster.com/oa Learn More About Rocket Lawyer's Registered Agent Services Here: http://retipster.com/ra What is LLC Operating Agreement? An LLC Operating Agreement allows you to set your own business policies, rather than being subject to your state's default LLC laws. You can create a management structure that works best for your business, and if any questions arise, you'll be able to refer to this written record. This LLC operating agreement includes details such as buy-out options, profit allocations, contribution deadlines, the audit schedule, signing power, decision making authority and more. If you're looking for the fastest, easiest way to create an operating agreement for your LLC (whether you own a single member LLC or a more complex Limited Liability Company with multiple owners involved), one of the most user-friendly services available today is called RocketLawyer. Rather than using a blank pdf template or word document, it follows a very simple interview format where, after answering a few basic questions, RocketLawyer will create the entire document in a matter of seconds and you can instantly download the final copy as a pdf or a word document to your computer (which will then allow you or your attorney to make edits later if needed). Most lenders and title companies will require a copy of your signed operating agreement in order to close a real estate deal or extend a loan to your business (among other things), because it verifies which individuals in the company have the authority to sign documents on behalf of the Limited Liability Company. If you haven't created this document for your LLC yet, it's probably not a bad idea to do it sooner rather than later. Note: I have had a great experience with Rocket Lawyer, but your experience may vary. The links above are affiliate links and at no additional cost to you, I will earn a commission if you decide to purchase this particular tool/service. I recommend this resource because it is helpful and useful, not because of the small commission I make if you decide to pay for it. Please do not spend your money on this unless you feel it will help you achieve your goals. #rocketlawyer #realestate #retipster
Views: 5537 REtipster
Shareholder Buy-Sell Agreements are Important!
 
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http://www.simonandberman.com/counselors-corner/ - Although I no longer see very many corporations, the limited liability company being the entity of choice over the past 10 or so years, for those individuals holding shares in a privately held corporation, it is important to have a buy-sell agreement. Such document is not the Articles of Incorporation, it is not the Bylaws, it is not Minutes or Resolutions. It is a document that spells out what happens if a shareholder wants to sell their shares, divorces, dies, becomes incapacitated and the like. It is like having a Will for your stock in a corporation. Most clients do not want to incur the expense of having one prepared when they formed their corporation, only to later have to incur far more expensive legal fees to resolve issues that could have been addressed at the beginning. If you need legal assistance regarding this topic, please contact: Simon & Berman 5812 South Pecos Road #A Las Vegas, NV 89120 702-451-7077 http://simonandberman.com/
Views: 1291 Simon Law, LLC
When to Form an LLC for Real Estate?
 
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Need to form your LLC? https://www.llcuniversity.com Let’s talk about a major mistake that real estate investors make: when to form an LLC for real estate… We get phone calls like this all the time: “Hey, I just did some research and realized I need to setup an LLC for my real estate in order to protect my assets.” The very first thing I ask is, “Did you close on the property already?” Far too many real estate investors say “Yes.” I shout through the phone: “Nooooooooooo!” (picture that scene in the movie where the main character just looses his best friend) Okay, I don’t shout through the phone. But instead, I have to help them get their head straight. They’ve learned that they need to set up an LLC for their investment properties so that they can protect their personal assets, but they already bought their property in their name. They think that just setting up the LLC is going to somehow magically protect their assets. That’s not the case. If you think about it, those properties are owned by you personally. Just setting up an LLC does not automatically “attach” it to the property. In fact, the LLC is not affiliated with the property at all. I wish just forming an LLC magically protects all we do. But nope. It doesn’t work that way. You’re creating an entity. That entity, therefore, needs to own the property and “do the business”. What I mean by that is the LLC is purchasing the real estate, not you. Your purchase contract/agreement of sale, the deed, and any financing… all of that has to be in the name of the LLC. The LLC needs to hold title to the property, not you personally. Continue reading article: https://www.llcuniversity.com/real-estate-llc/when-to-form-llc-real-estate/
Views: 37489 LLC University
All Up In Yo' Business: Putting Property in an LLC
 
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Learn more about LLCs by viewing Avoiding the Risks of the Single Member LLC at http://youtu.be/N0HLOQEu17k “Should I put my investment or rental property in an LLC?” I get asked this a lot. I mean, a lot. Putting an investment or rental property into a limited liability company (LLC) can be a fantastic way to protect your personal assets from any liabilities of the property(ies). If you are thinking about putting an investment or rental property into an LLC, or if you already have, there are a few things that you need to keep in mind. Before I get into that, let’s recap what an LLC is and why it may be a good thing to have. An LLC is a legal business entity. If someone sues an LLC, in most cases, only the assets of the LLC will be subject to liability in that lawsuit. The personal assets of the business owner should be safe. So if you own an LLC and get sued, you can generally rest assured that your personal bank accounts, personal residence, and all your other personal assets will be protected. In terms of a rental or investment property, then, if you form an LLC and somebody gets injured on the property and wants to sue for damages, they would have to sue the owner of the property, which would be the LLC. And they would only be able to collect from the assets of the LLC (i.e. the property itself and any additional business assets such as bank accounts). So, the purpose of having an LLC for your investment or rental property is to insulate your personal assets from the liabilities of the property. The second question that generally gets asked is “I have more than one rental property; do I need to have an LLC for each one?” The answer to this is: it depends. Depends primarily on your tolerance for risk and how much additional administrative crap work you want to deal with. If you have one LLC that holds multiple properties, you should still be protected personally from liabilities of any of those properties. However, as I mentioned above, any assets of an LLC can be subject to liability. So if there is a lawsuit regarding one property in the LLC, all of the other properties in the LLC will be at risk as well. If you have a separate LLC for each property, then each one will be insulated from the liabilities of the others. That’s a good thing and, ideally, the best way to do it. However…lets say you have two, three, four, five different properties and want to put them each into their own LLC. That’s two, three, four, five different LLCs that you now have to run. That means different bank accounts, books, Operating Agreements, annual filings, tax returns, etc., that you have to take care of. That can obviously become pretty time consuming and expensive. So there really is no real answer to that question. If you want to put the time and money into each LLC in order to have full limited liability, then that is fantastic. But in some cases it may be overkill and just not worth the hassle. The last thing that comes up a lot with LLCs for rental or investment properties is the fact that the LLC has to actually own the property. That means the LLC must hold title to the property. This can be accomplished by deeding the property to the LLC. (People like to do this on their own a lot. There can be big, bad results from using the wrong type of deed or filling it out incorrectly or incompletely. I strongly recommend you seek help from an attorney with this.) The other consideration with doing this is, if you have a mortgage on the property, and the mortgage is between you personally rather than the LLC, your lender may not like you transferring ownership of the property to the LLC. Most mortgages have a “Due On Sale” or similar clause that allows the lender to call the entire mortgage upon transfer of the property. So if the lender finds out you transferred the property, they may try to get you to pay the entire remaining balance of the mortgage. Contact Aiden and learn more at www.180lawco.com. [email protected] | 720-379-3425 Thumbs up & subscribe if you want more AUIYB! The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved. Sad solo dance party music by: Stryv - Surge (Original Mix) by Stryv is licensed under a Creative Commons Licence. https://soundcloud.com/stryvmusic/str... More info about the license: http://creativecommons.org/licenses/b...
Views: 43083 180 Law Co. LLC
Sales and Service Agreement (Free Client Contract Template)
 
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In this video I run through our exact sales and service agreement. The exact contract and legalese that we hand to our clients. Get a contract template here: http://bit.ly/2mpyFLs This is the exact contract we use to close business. The point where this comes in in the sales process is they've seen the price. They've seen the proposal or the bullet points or whatever we sent them over, the examples, they talked to the references and this is right before the deal is sealed. They have to sign this document for it to be officially closed. This is the exact contract we use to close business. Why is each of these lines in there: This cost me about a thousand dollars. I had to hire a lawyer to write this. So here's thousand dollars worth of value for you. Sale of Service [01:00] We list out what they're buying. The Cost [01:11] Here you provide the cost breakdown. For example, $10,000 for marketing and $4,000 for PPC. Payment Services [01:30] We do automatic billing 30 days after the previous billing period. Delivery of the Services [2:12] This section outlines exactly when we'll deliver. Term and Termination [2:26] This clause provides details on how to terminate the agreement. We demand a 30 day notice. Warranty [2:40] This where we use our guarantee at x27 that if we don't deliver we'll work for free until the goals are achieved. Relationship of the Parties [3:10] Legal stuff for tax purposes. Confidentiality [3:25] This is where you outline your NDA. Notice [3:28] It goes over how client communication works. Entire Agreement [3:53] More legal stuff. Amendments [4:00] Contract must be signed by all members. Governing Law [4:06] What laws are you governed by depends in which state your business is HQed in. Severability [4:09] Legal language that outlines that if one clause is thrown out the remaining clauses are still valid and contract is not terminated. Feel free to rip this off and use it in your own client work. I also recommend hiring a lawyer if you need one. Get this contract as a Google Doc for FREE here: http://bit.ly/2mpyFLs Let me know if you have any questions about this in the comment section! ----------Support our channel: Support this channel: https://www.patreon.com/alexberman SUBSCRIBE for more videos like this: http://youtube.com/alxberman?sub_confirmation=1 Check out our Digital Agency Marketing Podcast: https://itunes.apple.com/hr/podcast/digital-agency-marketing-1/id1200614219?mt=2&ls=1 Need lead generation or marketing support for your agency? Check out http://experiment27.co . /// R E S O U R C E S Get the sales and service agreement we use to close business (free client contract template) [$1,000 value]: http://bit.ly/2mpyFLs Get the actual questions we use to qualify clients on the first call: https://experiment27.lpages.co/discovery-call-structure-and-questions/ Free Sales Courses: https://experiment27.teachable.com/ __ /// MORE FROM ALEX Subscribe for more videos: http://youtube.com/alxberman The Alex Berman Podcast: https://itunes.apple.com/hr/podcast/digital-agency-marketing-1/id1200614219 __ /// WORK WITH ALEX More enterprise clients for your agency: http://experiment27.com Turn your book into a documentary: https://loreliapictures.com/ Book a one on one with Alex: http://experiment27.com/consult __ /// BUSINESS INQUIRIES: For sponsorships you can reach me at: [email protected]
Views: 7628 Alex Berman
9 Misunderstandings on Wisconsin Offer to Purchase Contracts: Part 1
 
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9 Misunderstandings on Wisconsin Offer to Purchase Contracts: Part 1 Accunet Mortgage, LLC - NMLS ID 255368 Sometimes it’s easy to forget that your offer to purchase contract is a legally binding with many different rules and regulations that need to be followed. At Accunet Mortgage, we feel that a large part of our job is to educate our clients, and that’s why we’ve put together 9 Misunderstandings on Wisconsin Offer to Purchase Contracts That Can Cost You Money. Here we delve into a myth surrounding backing out of a deal: - All I have at risk as a buyer, if I back out, is losing my earnest money… Listen in to hear Accunet’s Brian and David Wickert discuss why this is false and what you need to do to protect yourself! This segment was taken from the August 21, 2016 episode of The Accunet Mortgage & Realty Show on Newsradio 620 WTMJ. For the full episode please visit https://goo.gl/GXUXSV
Views: 204 Accunet Mortgage
All Up In Yo' Business: How Do I Pay Myself in a Multi-Member LLC?
 
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How Do I Pay Myself in a Single-Member LLC?: http://youtu.be/fWkbJs3XLrs?list=UUNh... In a previous video I discussed how to pay yourself when you are the owner of a single member LLC. In an effort to not "single out" the single member LLCs, I wanted to also discuss how to pay yourself in a multi member LLC. Luckily for you, and for me, how to pay yourself in a multi member LLC is pretty similar to paying yourself in a single member LLC. There are three things to take into consideration when deciding how to pay yourself in a multi member LLC: 1. Making sure you keep the LLC adequately capitalized, 2. Following the terms of the Operating Agreement, and 3. Whether the LLC is taxed as a partnership or as an S Corporation. When deciding how to pay yourself in a multi member LLC, you need to first make sure the LLC will still be adequately capitalized after the members take any distributions. This means ensuring that, after the members are paid, the LLC will still have enough money available to pay for its overhead, stay current with debts, purchase any supplies or equipment that the LLC needs or may need. Keeping your LLC adequately capitalized is something that will help protect you from a court one day deciding to pierce the corporate veil if the LLC is ever involved in a legal dispute. It is also important to make sure you comply with the terms of the LLC's Operating Agreement when deciding how to pay yourself in a multi member LLC. (You do have an Operating Agreement, right? If you are part of a multi member LLC and you do not have an Operating Agreement, you have much bigger fish to fry than figuring out how to pay yourself. Stop. Call an attorney. Do not pass go. And so on and so forth.) The Operating Agreement might specify in what proportion the distributions are to be made to the members, or if a vote is required for a distribution, or if distributions are to be made only at certain times, and a whole host of other possible things. Finally, if the LLC is taxed as a partnership and not an S Corporation, then distributions can be made however & whenever and through whatever method the members agree upon. They can take the form of paychecks, bank transfers, etc. There is no distinction between a "paycheck" or a "salary" and a "distribution" unless the members say there is. If one member is elected as an officer and the members agree that, as an officer, he or she should receive a salary on top of the proportional distributions, then that needs to be honored. But absent an arrangement like that, distributions can be made however the members want. If the LLC has elected to be taxed as an S Corporation, then the members will receive "reasonable salary" payments, which payments can be made through payroll if the members so choose. The salary in that case though is different from the "distributions" from the LLC because the salary is taxed at a different rate than the distributions. I generally recommend that small businesses outsource the payroll duties in instances like this because it is usually worth it to leave that task to someone who knows how to do it properly, and it leaves the owners free to focus on building the business. After those things are taken into account, the actual method of how to pay yourself in a multi member LLC can vary. Again, they can be in the form of transfers, checks made out to the members, whatever the members decide. Contact Aiden and learn more at www.180lawco.com. [email protected] | 720-379-3425 Thumbs up & subscribe if you want more AUIYB! Follow Me! IG: @allupinyobusiness Twitter: @_AllUpInYoBiz www.facebook.com/180lawco www.google.com/+aidenkramerlawAUIYB www.pinterest.com/AUIYB The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved.
Views: 13693 180 Law Co. LLC
It's Just Business - LLC Buy Sell Agreements
 
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It's Just Business is a channel devoted to providing quality business tips and discussion by a passionate attorney with an entrepreneurial spirit. Mr. Cozza uses his extensive experience as a business and real estate attorney, real estate investor and small business owner to provide your with fantastic educational business advice. Check him out at http://www.facebook.com/cozzalaw Retain his legal services at http://www.cozzalaw.com Business consulting services: http://www.thecozzacompany.com
Views: 73 Rocco Cozza
Domain Transfer: purchase agreement
 
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How to view the domain purchase agreement
Views: 347 Sedo.com, LLC
How Power Purchase Agreements work
 
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Power purchase agreements are the contracts that enable businesses generating their own electricity to sell the electricity they produce and the associated renewable energy certificates. This video explains how they work.
Views: 6829 EDF Energy
INCC Executes Definitive Agreement to Purchase BluDog Products LLC
 
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International Consolidated Companies, Inc. (INCC) has entered into a definitive agreement to acquire CBD product developer BluDog Products LLC ("BluDog"). The consideration for the purchase is 5,000,000 shares of Preferred Z stock to be designated. Pursuant to the agreement, the seller shall receive additional Bonus shares if sales exceed BluDog's projections.
Views: 55 Stock Wave
An Operating Agreement Could Save Your LLC
 
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Business litigation attorneys like me make lots of money on business breakups. Having a good Operating agreement can help to determine who is entitled to what and avoid misunderstandings and litigation. A well crafted shareholder agreement, partnership agreement, or operating agreement (depending on the entity choice). At a minimum, it should set out the desires of the owners regarding the following: •Management of the day-to-day operations •Decision making regarding out-of-the-ordinary decisions •Hiring and Firing authority •Authority to borrow or spend money •Method for sharing profits and losses •Under what circumstances one’s interest may be sold •Under what circumstances the current owners may offer an interest in the company to a new owner •What happens to one’s ownership interest if an owner dies •What happens to one’s ownership interest if an owner becomes disabled •What happens to one’s ownership interest if an owner gets divorced •Management succession in case an owner becomes disabled or dies •Duties and obligations of each owner in order to qualify for a share in the profits •Whether the day-to-day operator/manager is to be paid a salary in addition to a division of the profits •Method for resolving disagreements between the owners regarding extraordinary decisions (admitting new owners, taking on debt, etc.) •A Buy-Sell agreement provision for divorce, death, disability, bankruptcy, etc. Why should these things be covered? Because they are often the source of disagreements between business owners if the business does not have an agreement covering these topics (which I have yet to see from any online business formation service or software). So, what happens when there is no agreement? Both sides hire attorneys who argue about what the parties may or may not have said to each other in days gone by, or they argue what the law should be in light of the parties’ silence on the matter. That means money to attorneys. What is the moral of the story? Unless you can be certain that you will never have a dispute with your other business owners, you should have a management agreement. Since online formation companies and legal software door a poor job at this task, you are playing Russian Roulette if you think they are saving you money. In the majority of cases, your dispute will not end up in court, but the one time it does may just kill your business. How healthy is your business? Are you SURE? Take a free Legal Checkup today at www.alegalcheckup.com Jay Young is a Las Vegas, Nevada attorney. His practice focuses on business law and business litigation. Peers have named him an AV Rated Lawyer, a Super Lawyer, and to the Legal Elite and Top Lawyers lists for many years. Mr. Young has been appointed a part time Judge, a Special Master to the Clark County, Nevada Business Court, as an arbitrator by the Nevada Supreme Court. He has been appointed as an arbitrator or mediator of well over 200 legal disputes from business disputes to personal injury matters. Mr. Young is a respected author of ten books, including A Litigator’s Guide to Federal Evidentiary Objections, A Litigator’s Guide to the Federal Rules of Evidence, and the Federal Court Civil Litigation Checklist. Mr. Young can be reached at 702.667.4804 or at [email protected]
LLC Operating Agreement Sample  / Example / Template
 
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Operating Agreement template for use with a Limited Liability Company (LLC). Tells how to use it how to use it in Rule 506 Offerings, "Regulation D", when raising private capital (using other people's money) to start-up a business or to buy real estate with investor money. More information at http://www.investorsformybusiness.com
Views: 7982 G. Patrick Dague
9 Misunderstandings on Wisconsin Offer to Purchase Contracts: Part 2
 
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9 Misunderstandings on Wisconsin Offer to Purchase Contracts: Part 2 Accunet Mortgage, LLC - NMLS ID 255368 We started delving into the 9 Misunderstandings on WI Offer To Purchase Contracts That Can Cost You Money. We’re going to keep the train rolling as Accunet’s Brian and David Wickert discuss the next 2 myths/misunderstandings: - If a home inspector comes across something suspicious and is licensed to test for that substance (mold, asbestos etc.), can they take the sample? - If an inspector finds a problem that needs more inspection (roof, mold etc.), can I have those inspections/tests done as long as it’s within 14 days of the initial home inspection? Listen in to hear the answers and what you need to do to protect yourself! This segment was taken from the August 21, 2016 episode of The Accunet Mortgage & Realty Show on Newsradio 620 WTMJ. For the full episode please visit https://goo.gl/GXUXSV
Views: 75 Accunet Mortgage
HOW TO FILL-OUT SINGLE MEMBER LLC OPERATING AGREEMENT
 
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Free Download - https://eforms.org/llc/operating-agreements/single-member/ Use this form to better help your case as a Sole Proprietor and protect your personal assets through the use of completing this form. The main reason many people form an LLC is to protect their assets in the chance of negligence and they end up becoming sued or asked for damages. If the opposing party sees that your company has not been filed correctly or lacks the case of being a separate entity than your personal assets you may have exposure. This document helps you in your argument as this will state the legal grounds for which the LLC operates under.
Views: 36055 HowToStartAnLLC
Elements of the Business Purchase Agreement
 
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This video breaks down all of the elements of the Business Purchase Agreement with emphasis on the California Association of Realtors form.
Views: 392 The Innate Group
What is the Difference Between the Documents of an LLC and Corporation?
 
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An LLC has an only an operating agreement which sets up the ownership and managment of the company. In a corporation you have bylaws, minutes, resolutions and stock purchase agreements.
Why You Need a Customized LLC Operating Agreement
 
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Many businesses either ignore issuing their operating agreement which is the very most important item when forming their business or take a huge short cut by buying a cheap form filled operating agreement from the internet. Eckley Law in this short video explains what are the primary elements of a strong operating agreement that actually protects the business and its owners. www.CreditPathway.com J. Robert Eckley www.EckleyLaw.com
Views: 968 Credit Pathway
LLC Operating Agreement | LLC Operating Agreement Delaware | Delaware Business Incorporators, Inc.
 
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What is a LLC Operating Agreement? Most “Articles of Organization”, also known as a “Certificate of Formation”, are deliberately spare in detail, defining only the minimum traits required to establish the Delaware LLC. The reason for this is to allow the Delaware LLC to define its own provisions in its Delaware LLC Operating Agreement; which saves the Delaware LLC from having to file an Amendment with the State if a change is needed, and keeps the organizational details of the company private. Delaware LLC Operating Agreements (aka LLC Agreements) are similar to the “By-Laws” of a Corporation in that it defines the specifics of the regulation of the of the company’s business and is similar to a Limited Partnership Agreement in that it defines the terms that the Members will adhere to regarding admission of new members, assignment of interest, distribution of llc profits, appointment of voting rights and dissolution of the association. Your purchase of a new Delaware LLC Registration Package includes a LLC Operating Agreement Kit which comes with your choice of a model template (Microsoft Word .doc), or a fill-in-the-blanks form. The following standard Articles are included in the model LLC Operating Agreement: Definitions Organization of the Company Members (Status, Rights and Duties of) Management of the Company Managers (Status, Rights and Duties of) Officers Capital Distributions to Members Profits and Losses Admission and Withdrawal of a Member; Transfer of Member’s Interest Conversion and Merger with Other Entities Dissolution, Winding Up & Termination Books and Reports Miscellaneous If you wish to include additional provisions please indicate that you want the Word .doc template. You are free to alter, add or delete any material you wish. DBI does not alter, add or delete provisions from the model template. If you decide to purchase the LLC operating agreement template, you may need to retain an attorney to assist with the completion of the agreement. https://www.delawarebusinessincorporators.com/pages/llc-operating-agreement
The Pros and Cons of Using an LLC for Rental Property with Matt Faircloth for Bigger Pockets
 
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There is so much conversation on LLCs. From the basic stuff like what are they and why should we use them to the more complex like which state should we register in and the difference between a Manager Managed LLC versus a Member-Managed. Learn more by grabbing my New Book "Raising Private Capital" http://bit.ly/RPCbook Today I am going to take a stab at one of the questions that goes around a lot. Should you get a new LLC every time you buy a property? There are pros and cons for doing this and in today's video I go over them in detail. In short form, here are some highlights: Pros of using a new LLC every deal: 1. Ownership structure - perhaps you are working with several different owners on a new deal. It makes sense to have a new LLC as it will define the ownership percentages and the roles of each owner. 2. You are working in a new state - this could be argued either way but to me it makes sense to incorporate in the state where your investment property is. 3. You are doing a flip - many investors do a new LLC every flip. This makes sense as it separates that flip from other properties with respect to taxes and liability. More on this in the video. 4. Asset protection - holding each purchase in it's own LLC will compartmentalize each property from the other. If there is a liability claim with one property it won't affect any others held by you. Some would say that this is the main reason to hold each deal individually. Watch the video for a deeper conversation on how valid this is. As always, please email us any real estate questions to [email protected] and we will answer them on an upcoming episode! Learn more about The DeRosa Group at http://www.DeRosaGroup.com or on BiggerPockets.com - https://www.biggerpockets.com/renewsblog/author/mattfaircloth/ Matt & Liz, founders of DeRosa Group, were recently second-time guests on the BiggerPockets Podcast. Check it out: https://www.biggerpockets.com/renewsblog/bp-podcast-203-finding-deals-funding-contractors-mentors-matt-liz-faircloth/ Find us on Facebook https://www.facebook.com/thederosagroup/ Learn More about The DeRosa Group by Checking out our popular videos: How I bought a 18 Unit apartment with NO MONEY out of Pocket https://www.youtube.com/watch?v=3dDRVGYI1wg&t=14s How I turned a Duplex into 20 units https://www.youtube.com/watch?v=JzhkWhyssaM&t=1s How to Remove a Bad Tenant (without having to evict) https://www.youtube.com/watch?v=FnGZQOebixY&t=1s Tips for Hosting a successful Open House https://youtu.be/8DBtD1OcjKQ Best ways to Collect Rent From Tenants https://www.youtube.com/watch?v=iOeTxzDjXWY&t=3s The Pros and Cons of Using LLC for Rental Property https://www.youtube.com/watch?v=edHaGYXhH1I&t=24s 21 Year Old Makes $23,000 on First Wholesale Deal https://youtu.be/UkeUxkLQTFc Chat with Chatto Episode 001 First Actions Steps to take Learning to Wholesale houses https://youtu.be/fzXubrnuGKM
Views: 61721 Derosa Group
How much does it cost to setup an LLC?
 
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➡ Full cost breakdown: https://www.llcuniversity.com/how-much-does-it-cost-to-setup-an-llc/ ✔ How much does it cost to form an LLC? The cost of your LLC will depend on how you go about forming it. You have 4 options: 1. DIY/do it yourself = $0-$300 2. Hire a lawyer = $1,050-$2,100 3. Use an online incorporation website = $199-$1,100 4. Go through our free online course = $0 The reason for the sliding scale is whether or not you need to hire a Commercial Registered Agent. You do not need hire a Commercial Registered Agent if: A. You have a street address located in the state where you're forming your LLC. B. A friend or family member has a street address located in the state where you're forming your LLC. You'll only need to hire a Commercial Registered Agent if If you don't have a street address located in the state where you're forming your LLC. /---------------------------------------/ No matter which route you go, make sure you get an Operating Agreement and obtain your EIN (Federal Tax ID Number) from the IRS. And watch out for any of the following unnecessary items/upsells on many websites: • forced Registered Agent fees • hidden annual renewals (check the fine print) • LLC kit & seal • certified copies (rarely needed) • free trials which convert to monthly fees • LLC membership certificates (not needed as membership interest is controlled via your Operating Agreement) • free domain names, website, logo, etc For full details, check out this guide: https://www.llcuniversity.com/how-much-does-it-cost-to-setup-an-llc/ Ask any LLC question here and get a reply in a few hours: https://www.llcuniversity.com/ask-llcu/
Views: 57877 LLC University
Starting a Trucking Business Truck Success "Lease Purchase Operator"
 
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I created this video with the YouTube Video Editor (http://www.youtube.com/editor) https://www.facebook.com/msdivatrucker?fref=ts
How to Transfer Property to an LLC - All Up In Yo' Business
 
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Learn more about using LLCs for investment properties: https://youtu.be/hTOXMqGCm9g Contact Aiden and learn more at www.180lawco.com. [email protected] | 720-379-3425 Thumbs up & subscribe if you want more AUIYB! Follow Me! IG: @allupinyobusiness Twitter: @_AllUpInYoBiz www.facebook.com/180lawco www.google.com/+aidenkramerlawAUIYB www.pinterest.com/AUIYB The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved.IYB
Views: 17028 180 Law Co. LLC
What Are Cross Purchase And Entity Purchase Agreements? | (314) 492-6611
 
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http://estateplanmo.com/ Estate Plan Strategies, LLC 231 S. Bemiston Avenue, Suite 1020, St. Louis, MO 63105 (314) 492-6611 For More Information About Estate Planning, Please Visit: https://en.wikipedia.org/wiki/Estate_planning For More Videos, Subscribe Our Channel: https://www.youtube.com/channel/UC93x344Ztgk85p81GCNS-0Q Related Videos: https://youtu.be/ggMLJknq36w https://youtu.be/0CB6r27_RWA https://youtu.be/EVt8mIfYtu4 https://youtu.be/oN3q8t0jEx0
Views: 129 U-verse Plan
HOW TO FILL-OUT MULTI-MEMBER OPERATING AGREEMENT
 
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Free Download - https://eforms.org/llc/operating-agreements/multi-member/ Download a free multi member LLC (Limited Liability Company) operating agreement in Adobe PDF (.pdf) and Microsoft Word (.doc) which allows an entity with more than one owner to set the terms and conditions for company policy. This legal document helps protect each individual from each other.
Views: 9067 HowToStartAnLLC
LLC Operating Agreements: Why You Need One
 
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Having a well formed operating agreement for your LLC is important. This outlines who the members are, what the percentage of interest they have and how you will value that business. This will also outline what happens if there are changes such as a member leaving.
Views: 4626 Steven Schlagel
Buy-Sell Agreements: The Basics
 
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You've heard about them; now, it's time to find out how they work and how to identify your clients that need them. Join us and discover how Life Insurance can be used to fund Buy-Sell Agreements! Hosted by: Reed Ashwill
Views: 1992 Borden Hamman
9 Misunderstandings on Wisconsin Offer to Purchase Contracts: Pt 3
 
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9 Misunderstandings on Wisconsin Offer to Purchase Contracts: Pt 3 Accunet Mortgage, LLC - NMLS ID 255368 As we continue our discussion of the 9 Misunderstandings on WI Offer To Purchase Contracts That Can Cost You Money, Accunet’s Brian and David Wickert discuss the next batch of myths/misunderstandings: - I, as a buyer, don’t have to give a copy of inspection or testing reports to the seller unless I’m trying to get out of the contract. - I, as the buyer, can declare something as a defect based on the home inspection even if the issue was disclosed on the real estate condition report. Listen in to hear why these misconceptions, and more, can cost you big and what you need to do to protect yourself! This segment was taken from the August 21, 2016 episode of The Accunet Mortgage & Realty Show on Newsradio 620 WTMJ. For the full episode please visit https://goo.gl/GXUXSV
Views: 121 Accunet Mortgage
Automobile Purchase Agreements Explained - Lehto's Law Ep. 2.35
 
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The focal point of every auto sale conducted at a car dealer is the sales or purchase agreement. Most consumers do not know how important this single document is - and how it limits the consumer's rights after the purchase. There is a podcast of this video: https://soundcloud.com/stevelehto/automobile-purchase-agreements-explained-ep-235 www.lehtoslaw.com @stevelehto
Views: 2693 Steve Lehto
Putting Property Into an LLC
 
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How to put property into a Limited Liability Company. More at http://www.llcwizard.com/effect-on-property-and-casualty-insurance-when-property-is-deeded-to-an-llc-or-corporation and at http://www.legalees.com/moving-property-llc/
Views: 22897 LegaLees
How to complete a Purchase Agreement when buying subject to...
 
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I am showing how I would complete a Purchase and Sale agreement in more detail. I follow the same basic template on each deal when I buy subject to the existing financing. Afterwards, I fax the agreement to my real estate attorney to check title. If you are new to Real Estate please do me a favor and lend my your opinion on the quick form on how to best offer assistance to aid you in getting your first deal. For a copy of the P&S agreement and additional lessons Click on the link below and join our Real Estate Newbie Mastermind on Patreon for a FREE copy of real estate contract. https://www.patreon.com/posts/how-to-complete-8054744 Need Real Estate Coaching or Mentoring http://goo.gl/gdK1oE Please leave any questions or comments.... Serious about getting results instead of excuses click below http://goo.gl/3n7aeD Join our real estate newbie Facebook Group http://goo.gl/nz1bZB
Views: 13521 James Bealer
Does My Virginia LLC Need to Adopt an Operating Agreement? | Gross & Romanick, P.C.
 
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http://www.gross.com "Does my Virginia LLC need to adopt an Operating Agreement?" Christopher J. DeSimone, Partner of Gross & Romanick, P.C., discusses why the owners of an LLC in Virginia should adopt an Operating Agreement. If you need assistance with the preparation or review of an Operating Agreement, or other business advice, call 703-273-1400 or send an e-mail to [email protected] LLC lawyer Fairfax, Virginia: http://gross.com/fairfax-virginia-lawyers/virginia-registered-agent Virginia Registered Agent: http://gross.com/fairfax-virginia-lawyers/virginia-registered-agent Gross & Romanick, P.C. 3975 University Drive Suite 410 Fairfax, Virginia 22030 Video by: http://www.gross.com
All Up In Yo' Business: How Do I Contribute Money to My LLC?
 
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If you are starting a single-member LLC, or a multi-member LLC, there are two ways that you can give money to your LLC to use your own personal assets to capitalize your business: 1. As a member contribution. This is the easiest way to give money to your LLC. You just call any personal money or assets that you contribute to the LLC a “member contribution.” As opposed to a loan, where you have to document the loan and repay it to yourself according to its terms, you will basically earn back the contribution over time through distributions from your LLC. I made one mistake when I was starting my own single-member LLC that I want to warn you all about. What you should do whenever you are going to contribute your own money to the LLC is first deposit that money into your business bank account then make whatever purchases you need to out of that account. This all goes back to keeping that separation between you and your LLC which is so important to avoid the risks of the single-member LLC and piercing the corporate veil. I didn’t do that. Not really on purpose, but just because it didn’t occur to me to do that at the time. I had very few startup costs when I first started my business, so I was only contributing a little bit of money here and there. I didn’t have very much money to put into the business in the first place, so I didn’t want to open up a business bank account until I at least had my first client. I was just using my own money, out of my own personal accounts, to buy whatever I needed. If you’ve been doing it that way too, there’s no need to panic. If you ever get sued and someone tries to pierce the corporate veil, the fact that you paid for a few business expenses out of your personal account right when you were starting up probably isn’t going to be a major deciding factor. But it is probably a good idea to start doing it right sooner rather than later. In a multi-member LLC, members will make member contributions in exchange for their proportional membership interests. So let’s say, for example, Bill & Ted want to start a business and need $10,000 to do it. If they wanted to have 50/50 ownership of the business (which I wouldn’t recommend!), they would each make a $5,000 member contribution in exchange for a 50% membership interest. If Bill wanted to be the primary decision maker, on the other hand, he could contribute $6,000 for a 60% controlling membership interest and Ted could contribute $4,000 for a 40% membership interest. Since member contributions affect a member’s ownership, it is much more common in a multi-member LLC for a member to make a loan to the business (which wouldn’t affect the % ownership) than it is in a single-member LLC. 2. As a loan. As I mentioned above, member loans are much more common in multi-member LLCs than single-member LLCs. This is because a loan will allow a member to put more money into the LLC without affecting his or her proportional membership interest. Side note: if a member is going to make a loan to a multi-member LLC, it is very important that the Operating Agreement of the LLC specify the order of debt payoff if the LLC dissolves. Typically the Operating Agreement will state that any outstanding debts to members will be paid after debts to other creditors. Whether to call a contribution in a single-member LLC a member contribution or a loan is really a personal choice. But if you do decide to call it a loan, it is very very important that you actually treat it as a loan from you to your business. This means drafting and abiding by a promissory note setting for the terms of the loan, the interest rate, repayment terms, etc. You would have to sign that promissory note twice: personally as the lender, and in your capacity as the business owner and the borrower. You also cannot put higher priority on your own loan if the business has other debts. In a nutshell, if you want to make a loan to your single-member LLC, the most important thing is to remember that you personally are loaning money to a separate business entity. It is a real loan to a business, and it has to be treated as such. Contact Aiden and learn more at www.180lawco.com. Thumbs up & subscribe if you want more AUIYB! The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved.
Views: 40059 180 Law Co. LLC
Fat Cat Secrets How LLC's make you Bank- Stuff Your Lawyer Will Never Tell You
 
01:06:35
➜FREE BOOKS - http://bit.ly/HUSTLEMONEY ➜H Undergrad REDUX - $99.99 x 25 - https://www.disruptivemale.org/courses/h-undergrad-redux Hustler Undergrad will do the following for you - clean up your current money situation cashflow and credit. You need a budget whether you are the guy around the way or a millionaire. #hustle #business #money 1. Set up a legal holding company strategy and operating company structure to set you on the path to wealth. 2.Set up an immediate TAX strategy to get your money back from Uncle Sam. $2000 - $20000 a year depending on your income bracket - LEGALLY!!! This is not a one time pop this is year after year easily worth your tuition. 3.Set up the 5 checking accounts. Personal and Corporate you will learn how to segment your money. 4.Set up your minimum four figures hustle per month. Through classes and deep dives. We need to set a solid foundation of money management and financial discipline 5.Classes after 7PM minimum twice a week with quarterly breaks. A training class and a follow-up Q/A. 8 or more per month. 6. Three to Four pieces of Everyman is a Millionaire gear and it is going to be BUMPING! 7. Student awards and swag a video is coming. You will easily make 100 times what these classes cost you ( if you execute) over the course of life. So you can ball out in life for the less than the cost of ONE SEMESTER of college
Best Top NJ Attorney Negotiating Asset Purchase Agreements 201-446-9643
 
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Find The Top Rated, Best, Affordable, Skilled, Expert, Leading, Experienced New Jersey Attorney Lawyer Law Firm Negotiating Business Asset Purchase Agreements located in the United States, US, New Jersey, NJ, New York, NY, Buffalo, Queens, Manhattan, New York City, NYC, Westchester County, Rockland County, Brooklyn, Long Island, Albany, Syracuse, Suffolk County, Nassau County, Bronx, Staten Island, Boston, Hartford, Connecticut, Atlanta, Chicago, Washington D.C., Dallas, Florida, Ohio, California, Austin, Texas, Maryland, North Carolina, Massachusetts, Colorado, Utah, Oregon, San Antonio, Austin, San Diego, Los Angeles, Silicon Valley, San Francisco, Houston, Salt Lake City, Provo, Portland, San Jose, Miami, Tampa, St. Petersburg, Ft. Lauderdale, Phoenix, Denver, Boulder, Ft. Collins, Nashville, Memphis, Kansas City, Raleigh, Charlotte, Indianapolis, Boise, Eugene, Manchester, Burlington, Philadelphia, Pittsburgh, Pennsylvania, Vermont, Rhode Island, Boca Raton, Arlington, Virginia, Alexandria, Virginia, Cambridge, Quincy, Riverside, San Bernadino, Minneapolis, St. Louis, Cleveland, Columbus, Baltimore, Sacramento, Cincinnati, Orlando, Las Vegas, Round Rock, San Marcos, Louisville, Richmond, Oklahoma City, Memphis, Birmingham, Salt Lake City, Baltimore, Mobile, Alabama, Utah, Washington, Seattle, Oregon, Portland, Eugene, Sacramento, Pittsburgh, Bergen County, consumer focused, consumer products, technology, software, SaaS, mobile apps, digital ads, native advertising, security, web based, mobile marketing, marketing technology, artificial intelligence, messaging app, image hosting, sports exercise, physical activity, music services, minority owned, entrepreneurs, consumer focused, insurance, digital media, education, HR, BI, Business Intelligence, Financial Services, Fintech, Digital Media, Food & Beverage, Hotel, Hospitality, Travel, Tourism, Leisure, Retail, IT, Apparel, Clothing. 201-446-9643 | www.njbusiness-attorney.com Andrew S. Bosin, Esq. provides legal advice to startups, small businesses and entrepreneurs on business incorporation, Delaware Corporations, Founders Agreements, LLC’s, contracts, agreements, website and internet agreements, mobile software Apps developers, mobile app development, app development agreements, app development contracts, software development agreements, video game app development, iphone app development, iOS app development, android app development, website terms and conditions, privacy policies, website development, IPR, source code, intellectual property and website development and agreements. Limitation of warranties The legal information in this video and on the website is provided “as is” without any representations or warranties, express or implied. Law Offices of Andrew S. Bosin, LLC makes no representations or warranties in relation to the legal information in this video or on the website. Without prejudice to the generality of the foregoing paragraph, Law Offices of Andrew S. Bosin, LLC does not warrant that:  the legal information in this video or on the website will be constantly available, or available at all; or  the legal information in this video or on the website is complete, true, accurate, up-to-date, or non-misleading. Professional assistance You must not rely on the information in this video or on the website as an alternative to legal advice from your attorney or other professional legal services provider. If you have any specific questions about any legal matter you should consult your attorney or other professional legal services provider. You should never delay seeking legal advice, disregard legal advice, or commence or discontinue any legal action because of information in this video on the website. Liability Nothing in this legal disclaimer will limit any of our liabilities in any way that is not permitted under applicable law, or exclude any of our liabilities that may not be excluded under applicable law. 201-446-9643 | www.njbusiness-attorney.com
Best Top Asset Purchase Agreement Attorney New Jersey
 
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find Best top rated leading experienced expert skilled affordable Asset Purchase Agreement Attorney Lawyer Law Firm Legal Advice in New Jersey, Bergen County, Hudson County, Passaic County, Sussex County, Essex County, Morris County, Union County, Monmouth County, Middlesex County, Ocean County, Mercer County, Camden County, Somerset County, Hunterdon County, Glen Rock, Ridgewood, Paramus, Morristown, Jersey City, Hoboken, Secaucus, Rutherford, Clifton, Ft. Lee, Englewood, Tenafly, Westwood, Mahwah, Ramsey, Hawthorne, Parsippany, Wyckoff, Madison, Bedminster, Bridgewater, Livingston, East Hanover, West Orange, South Orange, Hackensack, Oradell, Waldwick, Midland Park, Allendale, North Haledon, Bergenfield, Cresskill, Ridgefield Park, Leonia, Palisades Park, Edgewater, Alpine, Saddle River, Upper Saddle River, Montvale, Woodcliff Lake, River Vale, Wayne, Fairfield, Rutherford, Secaucus, Guttenberg, West New York, Old Tappan, Harrington Park, Westwood, River Edge, Maywood, Rochelle Park, Lodi, Garfield, Nutley, Bloomfield, Verona, Little Falls, Waldwick, Allendale, Dumont, Saddle Brook, River Edge, Oakland, Wayne, Kinnelon, Fairfield, Montclair, Totowa, Fair Lawn, Lodi, Montvale, Park Ridge, Riverdale, Pompton Lakes, Montclair, Verona, Princeton, New Brunswick, Woodbridge, Union, Springfield, and Florham Park, Butler, Kinnelon, Sparta, Newton, Randolph, Morris Plains, Whippany, Livingston, South Orange, and Bloomfield. 201-446-9643 | www.njbusiness-attorney.com Andrew S. Bosin, Esq. provides legal advice to startups, small businesses and entrepreneurs on business incorporation, Delaware Corporations, Founders Agreements, LLC’s, contracts, agreements, website and internet agreements, mobile software Apps developers, mobile app development, app development agreements, app development contracts, software development agreements, video game app development, iphone app development, iOS app development, android app development, website terms and conditions, privacy policies, website development, IPR, source code, intellectual property and website development and agreements. Limitation of warranties The legal information in this video and on the website is provided “as is” without any representations or warranties, express or implied. Law Offices of Andrew S. Bosin, LLC makes no representations or warranties in relation to the legal information in this video or on the website. Without prejudice to the generality of the foregoing paragraph, Law Offices of Andrew S. Bosin, LLC does not warrant that:  the legal information in this video or on the website will be constantly available, or available at all; or  the legal information in this video or on the website is complete, true, accurate, up-to-date, or non-misleading. Professional assistance You must not rely on the information in this video or on the website as an alternative to legal advice from your attorney or other professional legal services provider. If you have any specific questions about any legal matter you should consult your attorney or other professional legal services provider. You should never delay seeking legal advice, disregard legal advice, or commence or discontinue any legal action because of information in this video on the website. Liability Nothing in this legal disclaimer will limit any of our liabilities in any way that is not permitted under applicable law, or exclude any of our liabilities that may not be excluded under applicable law. 201-446-9643 | www.njbusiness-attorney.com
How to fill out a Real Estate Purchase Agreement thelandflippingformula.com
 
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http://thelandflippingformula.com In this video I show how to fill out a purchase agreement to buy residential real estate property. I also show how to fill out an assignment agreement to sell your contract to a cash investor and collect your fee in the middle. ALWAYS CONSULT A LOCAL REAL ESTATE ATTORNEY TO BE DURE YOUR CONTRACT IS LEGAL IN YOUR MARKETPLACE. When selling contracts or assigning your contract contact local title companies and or real estate attorney to be sure they can close your transaction promptly Go out, negotiate great deals, sell your contract and get paid! For more real estate investing tips, strategies or coaching visit http://thelandflippingformula.com
Views: 43119 Mike Alder
Avoiding the Risks of a Single-Member LLC (Again) - All Up In Yo' Business
 
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Contact Aiden and learn more at www.180lawco.com. For more on single-member LLCs, watch 'How Do I Pay Myself in a Single-Member LLC?' at http://youtu.be/fWkbJs3XLrs?list=UUNh... Forming a limited liability company can be a great way for business owners to avoid personal liability for the debts and liabilities of the company. However, being the sole member in a single-member LLC carries with it an enhanced risk of personal liability by creditors piercing the corporate veil and the alter ego doctrine. If the assets and the actions of the LLC are so intertwined that the LLC is merely the "alter ego" of the business owner, creditors may be able to pierce the corporate veil and go after the personal assets of the business owner to satisfy debts of the company. Some of the most important steps that need to be taken to attempt to avoid a creditor being able to pierce the corporate veil are: 1. Follow legal formalities: even in a single-member LLC, the LLC still needs to keep records and meeting minutes, and follow a well-drafted operating agreement; 2. Adequate capitalization: under-capitalizing an LLC is a sure-fire way to open yourself up to personal liability; 3. Never commingle funds: EVER! Business funds pay business expenses and your personal funds pay personal expenses. No "borrowing" from the company to pay your mortgage. 4. Always act on behalf of the LLC: when you sign documents on behalf of the LLC, make sure you are signing documents ON BEHALF OF THE LLC. For example, I would sign paperwork as "The Law Office of Aiden H. Kramer, LLC, By: Aiden Kramer, Member." I am not signing in my personal capacity. These are just some of the most important steps that need to be taken to attempt to avoid personal liability in a single-member LLC. Contact Aiden and learn more at www.180lawco.com. [email protected] | 720-379-3425 Thumbs up & subscribe if you want more AUIYB! Follow Me! IG: @allupinyobusiness Twitter: @_AllUpInYoBiz www.facebook.com/180lawco www.google.com/+aidenkramerlawAUIYB www.pinterest.com/AUIYB The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by 180 Law Co. LLC, with its principal office located at 50 S. Steele Street, Suite 250, Denver, CO 80209. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship 180 Law Co. LLC or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. All Up In Yo’ Business® is a registered trademark of 180 Law Co. LLC. ©180 Law Co. LLC. All rights reserved.
Views: 129125 180 Law Co. LLC
Shut Down Provision in Operating Agreement
 
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You need to make sure your operating agreement includes instructions on how it can be terminated and what will happen to the company and its assets if that is the case. See http://www.legalees.com/llc-complete-operating-agreement/
Views: 550 LegaLees
Real Estate Sales LLC  - Coach Interview with Student Chad getting Feedback about mentoring program
 
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Real Estate Sales LLC Coach Nick: Hey Chad. When you started with Real Estate Sales, you got an expectation. Do you feel that we filled up your expectation? Chad: Yes. I actually believe that you’ve exceeded the expectation! Coach Nick: How important are the (motivated seller) leads to your success? Chad: Paramount! I mean really the 2 most important things on this on your program are the leads, as well as the coaching! The continuous coaching, the access to the coaches and just the information you get to know at a drop of a hat. When a question arises or a situation arises, you are able to access your coach and talk to him. But the (motivated sellers) leads, i mean the whole thing wouldn’t work without the quality leads you provide as well. Coach Nick: Do you believe that the success and the speed of your success would happen without a mentor sitting there with you? Chad: Absolutely not. I mean there is a ton of information out there, Youtube videos, podcasts, but there is so much of it. It’s hard to disseminate what to use and what not to use, it’s overwhelming. You guys are actually Real Estate Investors, you are actually in it and that is the main thing that attracted me into your real estate sales llc coaching program. It was not just you offer real estate leads, but you offer real estate coaching for one year and I think that that long term commitment is what makes your program stand out more than others. Coach Nick: Do you feel like after you got into program, you’ve been given with all the tools needed in the training? Chad: Yes. I believe so. Whenever I first got into this, as I said, there is so much of information out there, but your program is really focused. I don’t want to say it’s simple, because Investing in Real Estate is not simple, but the way you present the information it’s just very focused. Your program was very helpful because it start off with basic stuff like how to do envelopes, how to do the letters and then you guys provide the list how to even integrate it into like a word document. Coach Nick: You are coming out to some closings soon, you’ve got two or three scheduled? Chad: Yes, I’ve actually got another one in the making, and hopefully it’ll close Monday or next week or so, but yes, I’ve got three at title right now. There’s two properties! After that it started like a snowball effect, i just kept rolling and the leads kept rolling in. Coach Nick: How long do you think it took if you were gonna put a timetable on it, how long do you think it took you to kind of get used to it and get some momentum built ? Chad: In the beginning I didn’t really know what to expect I was kind of nervous because I thought like a lot of people when you start sending those letters you expect to immediate return and call back, but you know it didn’t happen that way. It takes time from the direct mail to saturate the market and you get people calling in.. It started about the month.. So I didn’t know really what to expect, but after I about one month it just started working out and I started creating habits in the process. Real Estate Sales LLC Coach Nick: So, talk to me about the option to purchase contract. Have you had much opposition for it? What do you think of it? Chad:I like it! When I first saw it I was really surprised that it is only one page, I had a title company that called and asked if I had a purchase agreement and I said: “No, I have this option to purchase contract”, and then after they’ve seen the contract thy said “It’s fine”. Yeah! I love the simplicity of it! Real Estate Coach Nick: Yes! The seller knows where you stand, You know where the seller stand, to me, it just works so well. That’s why we use it all the time. Real Estate Student Chad: Yes. I think it is so great for the seller stand point because the seller understands it and it is not intimidating to them. Coach NIck: Have you ever invested in real estate before working with us? Chad: When I was in high-school I actually got really interested investing in real estate, I bought the Carleton Sheets Program, but I got that so confusing I couldn’t follow and I just kind of dropped it. I didn’t realize that is so easy to get into you know, if you got the right program and I think yours is the right real estate investing program. Coach Nick: Do you feel that your coach has been there for you when you needed it ? .. And been able to guide you where you feel like you needed to go ? Chad: Yes. Absolutelly. He is probably sick of seeing my texts all the time because I am always asking silly questions, but yes. More Real Estate Sales LLC Testimonials & Reviews here: https://www.youtube.com/playlist?list=PLUnhF-WAlVzvkDpt-_qxuQlTVuR4jcUOE Or read the full transcript here: https://www.realestatesalesllc.com/category/reviews/ Real Estate Sales LLC 410 South Rampart, Suite 390 Las Vegas, NV, 89145 800-644-1630
What is ASSET PURCHASE AGREEMENT? What does ASSET PURCHASE AGREEMENT mean?
 
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What is ASSET PURCHASE AGREEMENT? What does ASSET PURCHASE AGREEMENT mean? ASSET PURCHASE AGREEMENT meaning - ASSET PURCHASE AGREEMENT definition - ASSET PURCHASE AGREEMENT explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. An asset purchase agreement (APA) is an agreement between a buyer and a seller that finalizes terms and conditions related to the purchase and sale of a company's assets. It's important to note in an APA transaction, it is not necessary for the buyer to purchase all of the assets of the company. In fact, it's common for a buyer to exclude certain assets in an APA. Provisions of an APA may include payment of purchase price, monthly installments, liens and encumbrances on the assets, condition precedent for the closing, etc. An APA differs from a stock purchase agreement (SPA) where company shares, title to assets, and title to liabilities are also sold. In an APA, the buyer must select specific assets and avoid redundant assets. These assets are itemized in a schedule to the APA. The buyer in a SPA is purchasing shares of the company. In this case, itemization is not necessary due to transfer of company's ownership occurs as is. The APA is the legal mechanism for executing a corporate merger or acquisition. The oil and gas industry does not distinguish between an asset and stock purchase in naming its related purchase agreement. In this industry, whether purchasing assets or stock, the definitive agreement is referred to as the Purchase and Sale Agreement (PSA). Defining and controlling behavior is a major objective of the APA. The buyer must represent its authority to purchase the asset. The seller must represent its authority to sell the asset. Additionally, the seller represent that the purchase price of the asset is equal to its value, and that the seller is not in financial or legal trouble. In the context of a merger or acquisition transaction, asset purchase agreements have a distinct set of advantages and disadvantages compared to using an equity (or stock) purchase agreement or a merger agreement. In an equity or merger acquisition, the purchaser is guaranteed to receive all of the target's assets without exception, but also automatically assumes all of the target's liabilities. An asset purchase agreement, alternatively, allows not only for a transaction where only some of the assets are transferred (which is sometimes desired) but also allows the parties to negotiate which liabilities of the target are expressly assumed by the purchaser, and allows the purchaser to leave behind those liabilities it does not wish to accept (or does not know about). A disadvantage of an asset purchase agreement is that it can often result in a greater number of change of control issues. For example, contracts held by a target, and acquired by a purchaser, will often require the consent of the counterparty in the context of an asset deal, whereas it is less common that such consent will be needed in connection with an equity sale or merger agreement.
Views: 358 The Audiopedia
Find Best Top Asset Purchase Agreement Attorney NJ
 
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Find Best top rated leading experienced expert skilled affordable Asset Purchase Agreement Attorney Lawyer Law Firm NJ New Jersey, Bergen County, Hudson County, Passaic County, Sussex County, Essex County, Morris County, Union County, Monmouth County, Middlesex County, Ocean County, Mercer County, Camden County, Somerset County, Hunterdon County, Glen Rock, Ridgewood, Paramus, Morristown, Jersey City, Hoboken, Secaucus, Rutherford, Clifton, Ft. Lee, Englewood, Tenafly, Westwood, Mahwah, Ramsey, Hawthorne, Parsippany, Wyckoff, Madison, Bedminster, Bridgewater, Livingston, East Hanover, West Orange, South Orange, Hackensack, Oradell, Waldwick, Midland Park, Allendale, North Haledon, Bergenfield, Cresskill, Ridgefield Park, Leonia, Palisades Park, Edgewater, Alpine, Saddle River, Upper Saddle River, Montvale, Woodcliff Lake, River Vale, Wayne, Fairfield, Rutherford, Secaucus, Guttenberg, West New York, Old Tappan, Harrington Park, Westwood, River Edge, Maywood, Rochelle Park, Lodi, Garfield, Nutley, Bloomfield, Verona, Little Falls, Waldwick, Allendale, Dumont, Saddle Brook, River Edge, Oakland, Wayne, Kinnelon, Fairfield, Montclair, Totowa, Fair Lawn, Lodi, Montvale, Park Ridge, Riverdale, Pompton Lakes, Montclair, Verona, Princeton, New Brunswick, Woodbridge, Union, Springfield, and Florham Park, Butler, Kinnelon, Sparta, Newton, Randolph, Morris Plains, Whippany, Livingston, South Orange, and Bloomfield. 201-446-9643 | www.njbusiness-attorney.com Andrew S. Bosin, Esq. provides legal advice to startups, small businesses and entrepreneurs on business incorporation, Delaware Corporations, Founders Agreements, LLC’s, contracts, agreements, website and internet agreements, mobile software Apps developers, mobile app development, app development agreements, app development contracts, software development agreements, video game app development, iphone app development, iOS app development, android app development, website terms and conditions, privacy policies, website development, IPR, source code, intellectual property and website development and agreements. Limitation of warranties The legal information in this video and on the website is provided “as is” without any representations or warranties, express or implied. Law Offices of Andrew S. Bosin, LLC makes no representations or warranties in relation to the legal information in this video or on the website. Without prejudice to the generality of the foregoing paragraph, Law Offices of Andrew S. Bosin, LLC does not warrant that:  the legal information in this video or on the website will be constantly available, or available at all; or  the legal information in this video or on the website is complete, true, accurate, up-to-date, or non-misleading. Professional assistance You must not rely on the information in this video or on the website as an alternative to legal advice from your attorney or other professional legal services provider. If you have any specific questions about any legal matter you should consult your attorney or other professional legal services provider. You should never delay seeking legal advice, disregard legal advice, or commence or discontinue any legal action because of information in this video on the website. Liability Nothing in this legal disclaimer will limit any of our liabilities in any way that is not permitted under applicable law, or exclude any of our liabilities that may not be excluded under applicable law. 201-446-9643 | www.njbusiness-attorney.com
15.4 Housing: Real Estate Purchase Agreements
 
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15.0 Housing Purchases "From a dispassionately economic standpoint, it's purely a matter of comparing the all-in costs of renting versus buying..." In this five-part segment, I talk about the three questions to ask yourself before you pick up a calculator. I also describe how to take apart and compare the acquisition, ownership and operating costs for each of the opportunities you may be considering. We'll then apply this knowledge in a problem-solving exercise that asks you to compare two houses that are sized and priced differently. After that, I talk about what to expect in a real estate purchase agreement as well as the attributes and pitfalls of the "equity" we hope to build over time. M.D. Weiss LLC is neither affiliated with the advertisers that may appear on this page, nor does it endorse their products or services. ©2013 M.D. Weiss LLC. All Rights Reserved.
Views: 46 Mitchell D. Weiss
How to Start and Setup an LLC On-line in Less Than 6 Minutes!
 
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Follow along with the video now: http://www.moneyahoy.com/out/legalzoom Want to learn how to start and setup an LLC On-line with LegalZoom.com in less than 6 minutes? Follow the steps in this video to start and setup your new LLC now! Today, I'll take you (rather swiftly) through how to save more than $800 on LLC setup fees! I use and recommend LegalZoom for setting up an LLC; however, there are many others out there with the same capabilities that you may use if you choose to do so. Here is a shortcut to the affiliate link so that you can follow along with the video: http://www.moneyahoy.com/out/legalzoom (it does not cost you any extra, and I receive a small referral fee). If you follow my recommendations you will save yourself more than $800! For more details, and step-by-step written instructions to save more than $800 when you start and setup an LLC On-line, visit my personal finance website here: http://www.moneyahoy.com/start-and-setup-an-llc-on-line-in-less-than-6-minutes
Views: 127783 MoneyAhoy
New York LLC - Formation Documents (online filing)
 
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Step-by-step instructions: https://www.llcuniversity.com/new-york-llc/forms/ To form an LLC in New York, file your Articles of Organization with the Department of State. You can file your New York LLC Articles of Organization one of two ways; online or by mail. ONLINE - file Articles of Organization: http://www.dos.ny.gov/corps/index.html BY MAIL: file Articles of Organization: http://www.dos.ny.gov/forms/corporations/1336-f.pdf The name of the LLC Formation Document for the State of New York is called the Articles of Organization. This document is not complicated and it contains basic information, including your LLC's name, your LLC's office address, and the county where your LLC office is located. There are two ways you can file your Articles of Organization with the State. You can file by mail or you can file online. If you file by mail, you will print out your Articles of Organization and then mail them to the State along with a check or money order to pay the filing fee. If you file online, you will fill out your Articles of Organization on the State's website and then pay the filing fee with a debit or credit card. The State charges a one-time fee in order to form your LLC. If you chose to hire a Registered Agent for your New York LLC, you will also list their address in your Articles of Organization. [=================================] -- FILING FEE -- $200 -- ACCEPTED FORMS OF PAYMENT -- Check or Money Order / Debit or Credit Card [=================================] -- FILING BY MAIL INSTRUCTIONS -- Mail your Articles of Organization with your check or money order (for $200, made payable to the “Department of State”) to: Department of State Division of Corporations One Commerce Plaza 99 Washington Avenue Albany, NY 12231 [=================================] -- EXPECTED APPROVAL TIME -- The filing fee amount is the same for either option. The only difference is the method of payment and the approval time. If you file by mail, you'll pay the State filing fee with a check or money order, and your LLC will be approved in 1-2 weeks. If you file online, you'll pay the State filing fee with a debit or credit card, and your LLC will be approved within a few minutes. [=================================] -- WHAT DOES APPROVAL LOOK LIKE -- Once you submit your Articles of Organization along with the filing fee, the State will review and process your documents. If there are any issues with your filing, the State will contact you and tell you what corrections need to be made. If you filed by mail and there are no issues, your LLC will be approved in 1-2 weeks. If you filed online and there are no issues, your LLC will be approved within a few minutes. Either way, you will receive a Filing Receipt back from the State once your LLC is approved. This confirms your LLC is now a legally formed business in the State of New York. [=================================] -- FILING RECEIPT -- Your Filing Receipt will contain your LLC's name, the date filed, and your Department of State ID Number (DOS ID Number). The DOS ID Number is unique to your New York LLC and you will use it when dealing with the State. New York does not issue duplicate Filing Receipts, so it's very important to make a photocopy, or two, and keep the photocopy with your business records. [=================================] -- NEW YORK SECRETARY OF STATE -- 518-473-2492 (M-F: 9:00am – 4:30pm) [email protected] http://www.dos.ny.gov/corps/contact.html [=================================] -- NEXT STEP -- Once your LLC is approved you can proceed to the Operating Agreement Lesson: https://www.youtube.com/watch?v=XtmC8IlHAC0 [=================================] -- DISCLAIMER -- This information is provided for educational purposes only and in no way constitutes legal, tax, or financial advice. For legal, tax, or financial advice specific to your business needs, we encourage you to consult with a licensed attorney and/or CPA in your state. LLC University® is a registered trademark of LLCU Media Group, LLC. © LLCU Media Group, LLC. All rights reserved. https://www.llcuniversity.com [=================================]
Views: 24063 LLC University

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