Texas Single Member LLC

The Texas single-member LLC (SMLLC) is the most popular entity choice for businesses with one owner. In this article, we will address frequently asked questions including advantages, disadvantages, costs, taxation, annual maintenance, etc. If you are considering a single-member LLC, we hope you find these FAQs informative. What is an LLC? A limited liability company (LLC) is a type of …

What to do after LLC Formation

Sample Post-LLC Formation Task List Congratulations! Officially creating an LLC is a huge first step. While this first step is an important one, it is by no means the last. We hope you find the list below helpful in answering the question “What do I do after forming a Texas LLC?” Sign the LLC Documents After you (and your partners, …

Benefits of a Professional Registered Agent

What is a registered agent and should I consider using a professional? What is a registered agent? A “registered agent” is an individual (or entity) designated by a company to receive legal documents such as Service of Process (i.e. Lawsuits, Liens, Subpoenas, etc.) and other correspondence from regulatory agencies. The State of Texas requires that all entities, including LLCs, have …

Texas Professional LLC

A business entity that is formed for the purpose of providing a “professional service” (i.e. a service that requires a Texas license) may need to be a professional entity like a professional corporation (PC) or professional LLC (PLLC).

Cost to form a Texas LLC

The cost to form an LLC in Texas equals the state filing fee ($300) plus the service fee if you hire someone to create your Texas LLC.

LLC Taxation

LLCs do not have their own federal income tax classification. As such, the LLC gets to choose between the existing tax classifications: (1) Sole Proprietorship/Partnership; (2) S-Corporation; or (3) C-corporation.

Series LLC for Real Estate

The Texas Series LLC is quickly becoming the preferred business entity for real estate investors. By using the Series LLC, a real estate investor can now pay for only one business entity and get the liability protection that normally takes multiple entities.

How To Name a Texas Series LLC

The naming requirements for a Series LLC are similar to a traditional LLC. In this article, we’ll look at naming strategies and requirements for each series with the Series LLC.