You have called us about starting a business and we are both excited. Last week we uncovered the most important decision before you do a thing: What type of entity do I need? A few we covered last week: Sole Proprietorship and Partnership. You have a few more options...
We love that you are excited about starting a new business. Getting your new venture off to a great start is a passion we share with you. However, you have a critical decision to make before you start anything: What type of entity do I need? Here are some common...
Let’s say you chose to form a corporation (or your CPA advised it). You adamantly refusing to get taxed twice – perfectly reasonable. This is when you could make a “Sub-S Election” to get all the benefits of a corporation but pay taxes as a pass-through entity (like...
Fights can come when the owner of the “mineral rights” is different than the owner of the “surface rights”. Some definitions: Mineral Rights: refer to the ownership of the minerals found beneath the surface of land. These include oil, gas, coal, and other minerals....
If you are a Tenant and something broken needs to be fixed, please do a few things before you call us. We should not be your first call. Consider these things for problems: Report maintenance issues in writing (through email or letter). Your lease may require...
You have a few kids under the age of 18. But you have no Will. Please START YOUR WILL today! There are many reasons to have a Will in place (like getting to make the actual decision about where your property goes instead of Texas making that decision). However, if you...
