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Blog & Announcements

What is a single member disregarded LLC?

ADVERTISING By:  Tamara B. Pow, Esq. If an LLC has two or more members, it is treated as a partnership for tax purposes unless it elects to be treated as a corporation.  However, an LLC with only one member cannot be a partnership, so it will be treated as a...

How is an LLC formed?

By: Tamara B. Pow, Esq. A California limited liability company (LLC) is formed by filing Articles of Organization (also known as Form LLC-1) with the California Secretary of State. A foreign business entity files a similar form (Form LLC-5) to register to do business...

Which types of businesses can be LLCs?

By: Tamara B. Pow, Esq. Just when I thought everything that could be said had been said about limited liability companies, the 2017 Tax Cuts and Jobs Act (“Tax Act”) was enacted and has resulted in a huge increase in meeting requests from business owners and real...

Buyer’s Due Diligence When Buying Real Property

By: Tamara B. Pow, Esq. Buyer’s due diligence is the process of inspecting all aspects of a property to determine whether or not buyer wants to purchase it. This could start before a purchase agreement is signed, but usually occurs during the period of time provided...

The Brokerage Agreement – What To Look Out For?

By: Tamara B. Pow, Esq . When buying a commercial real estate property, the brokerage agreement is the agreement between you (the buyer) and your broker. For the buyer, it is in your best interest to get this agreement in writing, and have it reviewed by a real estate...

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