Comments on: A Primer on LLCs http://startuplawyer.com/incorporation/a-primer-on-llcs Startup Law, Incorporation, Convertible Notes, Preferred Stock, Stock Options, Venture Capital Sun, 22 Jan 2012 19:35:50 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ryan Roberts http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-164 Ryan Roberts Mon, 26 Jan 2009 19:27:04 +0000 http://www.thestartuplawyer.com/?p=199#comment-164 Hannibal - I'm not familiar with the Delaware Series LLC (i.e., have never executed such a structure for a client). Maybe that's because it's typically used for real estate. Hannibal – I'm not familiar with the Delaware Series LLC (i.e., have never executed such a structure for a client). Maybe that's because it's typically used for real estate.

]]> By: Ryan Roberts http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-2482 Ryan Roberts Mon, 26 Jan 2009 19:27:00 +0000 http://www.thestartuplawyer.com/?p=199#comment-2482 Hannibal - I'm not familiar with the Delaware Series LLC (i.e., have never executed such a structure for a client). Maybe that's because it's typically used for real estate. Hannibal – I'm not familiar with the Delaware Series LLC (i.e., have never executed such a structure for a client). Maybe that's because it's typically used for real estate.

]]> By: Ryan Roberts http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-166 Ryan Roberts Mon, 26 Jan 2009 19:23:46 +0000 http://www.thestartuplawyer.com/?p=199#comment-166 Franky - I think it's best you discuss these issues with a CPA or tax attorney. Franky – I think it's best you discuss these issues with a CPA or tax attorney.

]]> By: Ryan Roberts http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-2484 Ryan Roberts Mon, 26 Jan 2009 19:23:00 +0000 http://www.thestartuplawyer.com/?p=199#comment-2484 Franky - I think it's best you discuss these issues with a CPA or tax attorney. Franky – I think it's best you discuss these issues with a CPA or tax attorney.

]]> By: Hannibal http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-167 Hannibal Fri, 23 Jan 2009 09:13:50 +0000 http://www.thestartuplawyer.com/?p=199#comment-167 Great blog for a lawyer ;-) Congratulations Ryan! I'd like to know your opinion about Delaware Series LLC, specially in the context of this article. Great blog for a lawyer ;-) Congratulations Ryan!
I'd like to know your opinion about Delaware Series LLC, specially in the context of this article.

]]> By: Hannibal http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-2485 Hannibal Fri, 23 Jan 2009 09:13:00 +0000 http://www.thestartuplawyer.com/?p=199#comment-2485 Great blog for a lawyer ;-) Congratulations Ryan! I'd like to know your opinion about Delaware Series LLC, specially in the context of this article. Great blog for a lawyer ;-) Congratulations Ryan!
I'd like to know your opinion about Delaware Series LLC, specially in the context of this article.

]]> By: Franky http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-165 Franky Tue, 13 Jan 2009 11:30:15 +0000 http://www.thestartuplawyer.com/?p=199#comment-165 Hi Ryan, I have an LLC with one partner investing more than the other. The plan was to transfer equity in a vesting type setup. What is the best way to avoid income/capital gains and loss taxes on the transferred equity at each years end? Another thought was to de-value the company so that the new partner can get in cheap at x per unit and file election 83b? Thoughts? Hi Ryan,
I have an LLC with one partner investing more than the other. The plan was to transfer equity in a vesting type setup. What is the best way to avoid income/capital gains and loss taxes on the transferred equity at each years end? Another thought was to de-value the company so that the new partner can get in cheap at x per unit and file election 83b?

Thoughts?

]]> By: Franky http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-2483 Franky Tue, 13 Jan 2009 11:30:00 +0000 http://www.thestartuplawyer.com/?p=199#comment-2483 Hi Ryan, I have an LLC with one partner investing more than the other. The plan was to transfer equity in a vesting type setup. What is the best way to avoid income/capital gains and loss taxes on the transferred equity at each years end? Another thought was to de-value the company so that the new partner can get in cheap at x per unit and file election 83b? Thoughts? Hi Ryan,
I have an LLC with one partner investing more than the other. The plan was to transfer equity in a vesting type setup. What is the best way to avoid income/capital gains and loss taxes on the transferred equity at each years end? Another thought was to de-value the company so that the new partner can get in cheap at x per unit and file election 83b?

Thoughts?

]]> By: Ryan Roberts http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-162 Ryan Roberts Fri, 09 Jan 2009 17:30:42 +0000 http://www.thestartuplawyer.com/?p=199#comment-162 If you are the only member of the LLC, the short answer is no. Just be sure your company agreement vests management power the way you choose when filing. If you are the only member of the LLC, the short answer is no. Just be sure your company agreement vests management power the way you choose when filing.

]]> By: Jami http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-163 Jami Thu, 08 Jan 2009 23:33:25 +0000 http://www.thestartuplawyer.com/?p=199#comment-163 I found this article in my quest to determine which option I should choose when setting up my Colorado-based LLC: vest management of the LLC in its members or in a manager. In my case, I am & should always be the only member of the LLC, so does it really matter which one I choose? I found this article in my quest to determine which option I should choose when setting up my Colorado-based LLC: vest management of the LLC in its members or in a manager. In my case, I am & should always be the only member of the LLC, so does it really matter which one I choose?

]]> By: Jami http://startuplawyer.com/incorporation/a-primer-on-llcs#comment-2481 Jami Thu, 08 Jan 2009 23:33:00 +0000 http://www.thestartuplawyer.com/?p=199#comment-2481 I found this article in my quest to determine which option I should choose when setting up my Colorado-based LLC: vest management of the LLC in its members or in a manager. In my case, I am & should always be the only member of the LLC, so does it really matter which one I choose? I found this article in my quest to determine which option I should choose when setting up my Colorado-based LLC: vest management of the LLC in its members or in a manager. In my case, I am & should always be the only member of the LLC, so does it really matter which one I choose?

]]>