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What Is an LLC? A Plain-English Guide for Florida Business Owners
An LLC (limited liability company) is a business structure that keeps your personal assets separate from the debts and lawsuits of your business, while the profits pass through to your personal tax return. In Florida, you create one by filing Articles of Organization...
Todo el mundo habla de tener una LLC por propiedad. Pero casi nadie explica qué va encima de ellas.
Ya hiciste el trabajo. Compraste las propiedades. Creaste LLCs separadas. Evitaste que tus propiedades de inversión estuvieran directamente a tu nombre personal. Y quizás ahora estás escuchando el siguiente consejo: “Ahora necesitas una holding company.” Y piensas:...
Everyone Talks About Having an LLC Per Property. Nobody Talks About What Goes Above Them.
You did the work. You bought the properties. You created separate LLCs. You kept your rentals from sitting directly in your personal name. Maybe you even heard the next piece of advice: “Now you need a holding company.” And you thought: Okay… but what exactly does...
Florida estrena las Protected Series LLC: ¿una forma más sencilla de proteger varias propiedades?
Si tienes varias propiedades de inversión, probablemente hayas escuchado un término nuevo en Florida: Protected Series LLC. Y, a primera vista, parece casi demasiado bueno para ser verdad. Una LLC. Varias propiedades. Compartimentos internos separados. Y,...
Florida’s New Protected Series LLC: A Simpler Structure With a Bigger Responsibility
If you own multiple rental properties, you've probably heard a new term making its way around Florida: Protected Series LLC. And at first, it sounds almost too good to be true. One LLC. Multiple properties. Separate internal compartments. Potentially separate...
I Put All My Properties in One LLC. I Thought That Was the Smart Move.
If you own multiple rental properties, you may have made the same decision many investors make: Put everything in one LLC. It seems logical. You formed an LLC.You got an EIN.You opened a business bank account.You put your properties under the company. Everything is...
Should You Put Your Rental Property in an LLC? What Happens If a Tenant Gets Hurt?
Buying your first rental property is exciting. For many investors, the purchase happens the same way they bought their own home: In their personal name. It feels normal because that's how most people buy real estate. But the moment that property becomes a rental,...
Every Legal Gap in Your Business Is a Discount at the Closing Table
Most business owners think they know what their business is worth. They look at revenue. Profit. Growth. Maybe their accountant has even prepared a valuation. Then they find a buyer. And suddenly, the conversation changes. Because while an accountant looks at what a...
Is Your Business Actually Sellable? Profit Alone Is Not Enough
Many business owners dream of one day selling the company they worked so hard to build. Maybe it's five years from now. Maybe it's retirement. Maybe it's simply the freedom to start something new. But here's a question few owners ask until they're already talking to a...
Can a Silent Investor Vote in Your LLC? What Every Florida Business Owner Should Know
Bringing in outside money is an exciting milestone for any business. Often, the investment comes from someone you already know. A friend who believes in your vision.A family member who wants to help you grow.A mentor who sees potential in your business. The...
What Happens When Business Partners Can’t Agree?
Short answerWhen business partners can't agree, the operating agreement decides what happens next. If it has a deadlock provision, it sets the path: mediation, a tie-breaker, or a buyout. If it doesn't, a 50/50 LLC can get stuck, and Florida's default rules leave the...
What Happens If Your Business Partner Wants Out?
Not every business partnership ends because of a fight. In fact, many don't. Sometimes a partner wants to retire.Sometimes priorities change.Sometimes life simply moves in a different direction. One person wants to keep building the business. The other wants to move...
What Happens to an LLC If a Business Partner Dies?
Short answerWhen a member of a Florida LLC dies, the LLC usually doesn't end, and their ownership doesn't disappear. Their interest generally passes to their estate and heirs. What those heirs can actually do (vote, manage, or only receive their share of the profits)...