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21 Apr 2008, 10:29 pm
After a property transfer, the LLC will have its own basis ("inside basis") in the property, and each co-owner calculates their basis in their LLC interest ("outside basis") separately. [read post]
10 Mar 2013, 9:12 am by Charles Rubin
Here, the guarantor had other co-guarantors. [read post]
10 Mar 2013, 9:12 am by Charles Rubin
Here, the guarantor had other co-guarantors. [read post]
26 Dec 2019, 3:24 am by Kellie McTammany
The first is a Tenants in Common agreement; the second is Joint Tenants with Right of Survivorship; the third is an LLC. [read post]
26 Mar 2024, 10:00 am by Kyle Krull
You must discuss the pros and cons of forming an LLC to manage the property or becoming tenants in common. [read post]
17 Feb 2020, 7:32 am by IncNow
The post What Does LLC, Inc, Co, Corp, and Ltd Mean? [read post]
29 Mar 2019, 11:03 am by IncNow
The post What Does LLC, Inc, Co, Corp, and Ltd Mean? [read post]
31 Aug 2020, 2:13 pm by IncNow
The post What Does LLC, Inc, Co, Corp, and Ltd Mean? [read post]
31 Aug 2018, 11:11 am by IncNow
Generally speaking, the best form of entity for most small businesses and property owners is the Limited Liability Company (LLC). [read post]
26 Apr 2022, 8:14 am by IncNow
  MORE: What You Need to Know About Delaware LLCs What is Co? [read post]
27 Sep 2013, 6:53 am by Sheldon Toplitt
The Tribune Co. is breaking off its publishing arm into a separate company and looking to unload its newspaper properties, which include flagship Chicago Tribune, the Los Angeles Times, Baltimore Sun and Hartford Courant. [read post]
15 Apr 2021, 8:11 am by IncNow
  MORE: What You Need to Know About Delaware LLCs What is Co? [read post]
23 Oct 2020, 8:05 am by IncNow
The post What Does LLC, Inc, Co, Corp, and Ltd Mean? [read post]
8 Nov 2017, 5:14 am by IncNow
    The post What Does LLC, Inc, Co, Corp, and Ltd Mean? [read post]
3 Apr 2016, 11:01 am by Carter Ruml
  This protects siblings who wish to keep using a property, or who highly value keeping a property “in the family” for sentimental and/or historic reasons, against the forced sale of the property caused by different objectives or needs of another co-owner (even only one co-owner among many). [read post]
26 Sep 2007, 2:10 pm
For example, it turns out that when a person contributes property to a co-owned LLC, in effect, each person sells their property to the other owners, and from then on the computation of the owner's tax basis in the property becomes amazingly complicated and subject to a number of special technical tax elections, which most LLC owners never find out about. [read post]