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v. t. e. A limited liability company ( LLC) is the United States -specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. [1] An LLC is not a corporation under the laws of every state; it is a legal form ...
To start an LLC, you’ll choose a name and registered agent (you can usually be your own agent), fill out your state’s article of organization and submit them. Then, all you need to do is meet ...
In United States business law, a registered agent (also known as a resident agent, [1] statutory agent, [2] or agent for service of process [3]) is a business or individual designated to receive service of process (SOP) when a business entity is a party in a legal action such as a lawsuit or summons. [4] The registered agent 's address may also ...
Common documents to include with a business loan request are your business plan, financial statements, tax returns, personal financial information and collateral details. An LLC can get a business ...
v. t. e. Incorporation is the formation of a new corporation. The corporation may be a business, a nonprofit organization, sports club, or a local government of a new city or town [citation needed] .
Bottom line. It is certainly possible to buy a house with an LLC. But unless you’re a celebrity or a real estate investor who wants to limit their liability in being a landlord, it’s probably ...
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