Search for: "Capital Properties Two LLC"
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11 Apr 2023, 11:29 am
A capital contribution refers to the cash or property that owners provide to their business. [read post]
4 Apr 2018, 11:40 am
In multi-member LLC agreements (even husband and wife two-member LLCs), the LLC again defaults to pass-through tax treatment. [read post]
29 Mar 2019, 9:18 am
In multi-member LLC agreements (even husband and wife two-member LLCs), the LLC again defaults to pass-through tax treatment. [read post]
7 May 2021, 1:14 pm
In multi-member LLC agreements (even husband and wife two-member LLCs), the LLC again defaults to pass-through tax treatment. [read post]
3 Apr 2016, 11:01 am
Using a thoughtfully designed “vacation property” LLC offers at least two other material advantages. [read post]
24 Sep 2018, 2:31 am
Background The complaint filed by Patrick Yu against his brother Raymond and sister Catherine centered on an LLC that owns a remainder interest in their parents’ residential property in Bedford, New York and another LLC that holds title to a Manhattan apartment building where the parents and the two sibling defendants also resided. [read post]
25 Oct 2010, 4:00 am
In Cooperstown Capital, LLC v. [read post]
29 Sep 2010, 5:00 am
In 2006, Westpac and JER formed two LLCs, Base Village Snowmass Center Associates LLC and Snowmass Mountain Village Associations LLC, to develop Snowmass Village in Colorado. [read post]
27 May 2021, 8:26 am
The LLC acquired several more properties with the Clark brothers continuing to loan the down payments to the LLC. [read post]
24 Nov 2009, 12:19 pm
Nelson ran a Ponzi Scheme using fictitious companies: Capital Mountain Holding Corporation ("CMHC"), Systems XXI, Act I, LLC, and Systems XXI, Act II, LLC. [read post]
3 Apr 2016, 11:01 am
Using a thoughtfully designed “vacation property” LLC offers at least two other material advantages. [read post]
3 Apr 2016, 11:01 am
Using a thoughtfully designed “vacation property” LLC offers at least two other material advantages. [read post]
13 Oct 2019, 11:14 pm
Meregalli, as the LLC’s sole managing member, conveyed 20% and 15% membership interests to the two plaintiffs for their respective $200,000 and $150,000 capital contributions, as well as a 5% interest to a third, non-party member for $50,000. [read post]
3 Apr 2016, 11:01 am
Using a thoughtfully designed “vacation property” LLC offers at least two other material advantages. [read post]
4 Feb 2024, 3:17 pm
Specifically, the plaintiffs alleged that the each of the two defendants contributed only a fraction of their required capital contributions and, in one of the LLCs, they had negative capital accounts. [read post]
24 Jan 2022, 2:46 am
The Operating Agreement Triboss Brooklyn, LLC (“Triboss”), owned equally by McCormack, Kuras, and Ghorayeb, holds rental property in Brooklyn. [read post]
15 Jan 2021, 2:29 pm
Examples of Major Decisions often found in Operating Agreements include decisions concerning sale of the property, financing, operating and capital budgets (and how much a managing member or manager can deviate from an approved budget without approval), major leases, major capital expenditures, new business ventures, and decisions regarding bankruptcy or insolvency. [read post]
9 Sep 2012, 10:00 pm
MCC also argued that the 75%/25% split recorded in the 1999 and 2000 K-1s incorrectly reflected the parties’ capital contributions because they omitted nearly $2 million contributed by MCC toward the purchase of the property and another $1.23 million contributed by MCC for capital improvements to the property. [read post]
22 Dec 2009, 9:37 am
Pacific Cornerstone Capital, Inc. of Irvine, California, and it's CEO were fined a total of $750,000 by the Financial Industry Regulatory Authority (FINRA) for making false and misleading statements to purchasers of Cornerstone Industrial Properties LLC and CIP Leveraged Fund Advisors LLC. [read post]
4 Feb 2020, 12:21 pm
Examples of Major Decisions often found in Operating Agreements include decisions concerning sale of the property, financing, operating and capital budgets (and how much a managing member or manager can deviate from an approved budget without approval), major leases, major capital expenditures, new business ventures, and decisions regarding bankruptcy or insolvency. [read post]
