The Complete System for the Formation, Organization & Operation of Limited Liability Company in All States – WITHOUT Expensive Lawyers!
With this one-of-a-kind program, your new LLC will...
NOTE: The documents can be used to also restructure your existing LLC with these same great money-saving benefits.
Includes a FREE LLC set up in any state, free of any set up fees (set up fee is free, not state fees) - a $400 Value
This LLC forms package is specifically targeted to real estate operations. Thousands of hours and dollars have been put into this program. Nothing like it before has ever been created. You will not get it anywhere else.
The LLC Master Machine Forms Package Includes...
THE REAL ESTATE OPERATING AGREEMENT EXTRAORDINAIRE
The operating agreement (OA) is the nuclear LLC document. It is the “heart & soul” of the LLC. The OA Extraordinaire that we prepare for you is the most powerful OA ever. Adaptable in all 50 states, it is specifically designed for your real estate business so that the LLC’s specific business purpose is clearly defined.
OA’s do not state a specific business purpose. To the contrary,
*Importance of Having a Specific Business Purpose - Most the specific business purpose should be explicitly stated to make it legally clear to the members, and if necessary to third parties. Our OA (and other LLC documents) are specifically for real estate. Not only does this aid to successfully accomplish the LLC’s intended
business purpose, but also has other advantages such as avoiding the costly tax status of being a dealer.
At 121 pages in length, our OA contains over 240 legal provisions that cover every legal facet of your real estate investment operations so the LLC is an entity separate and apart from you. That is, the affairs of the LLC are not yours personally. Consequently, these provisions will give its members (you) limited liability protection, therefore making it very difficult for any court to pierce its entity veil. As a result your personal assets are protected.
Avoid disputes. Included are special provisions to help prevent legal disputes with partners and others. You avoid expensive trial lawyers and the courts.
Comprehensive tax-saving provisions. Like no other LLC documents, there are 11 Tax Elections* to give you favorable tax results that save you money.
|
*Tax Elections are special tax law provisions that are usually favorable to the taxpayer, but which generally have to be made within a certain time period and in a certain manner. By having them in the OA, you have a reminder checklist so you don’t forget them; or in case you do forget, you have excellent support in that by having the election already contained in the OA (a legal document), the election is timely and properly made. Also included here are certain tax elections you should avoid in order to audit proof yourself against the IRS. What protection! |
The OA also contains 35 Tax Matters all backed up by an arsenal of complete tax law cites authorizing 35 powerful tax-reduction strategies* specifically targeted for real estate.
|
*Included are special tax provisions that authorize & support fully deducting real estate home-study courses and live seminars along with related travel, even if you do not own any properties. This is often a troublesome area with IRS...now resolved with our authoritative LLC documents. |
Business planning tool. Our OA also acts as an operating guide to enable you to effectively operate your real estate business.
|
You may be asking this – “I am only a small operation, do I need all of this?” The answer is ABSOLUTELY, even more so because there is this basic rule of entity protection: The smaller the entity, the more the need for such complete documentation! By having LLC legal provisions that may not pertain to you (at least for now), shows your meticulous attention to formality and gives your LLC the definite presence as an entity apart and distinct from its members operating as a separate legal entity, with a life of its own, difficult for any court to pierce its veil. The bottom-line benefits > you protect yourself against “Demons” such as money-lust lawyers, wrongful creditors, IRS and the like – saving you from having your valuable assets attached! |
Complete explanation and instructions to operating agreement –This comprehensive explanation introduces you to the OA; tells you how to use the OA; gives you the important reasons* so you can better understand and appreciate the powerful provisions in the OA. (*Knowing the ‘why” is as important as knowing the “how”.)
21 PROACTIVE* ENTITY FORMALITIES - To prevent piercing of the veil so your personal assets are protected.
| While they are extremely important in protecting you, once set up, these formalities are easy to follow and not time-consuming. |
In a lawsuit involving a small LLC, an attack on the non-use of entity formalities is often the single most powerful weapon of the opposition. Despite the fact that the LLC has been accepted by the state as a legal entity, without such formalities, claimants would find it considerably easier to prove that the LLC entity legally does not exist. Consequently claimants, along with their sue-happy lawyers, can seize your personal valuables.
*Proactive means “preparing for, or controlling an unexpected occurrence”. You will hear so called “experts” say LLC’s do not have to keep minutes, or to hold annual meetings is not required. Even state statutes may allude to this. But by adhering to such formalities, even if apparently not required, shows your meticulous attention to formality, above and beyond what is generally thought
to be required. This ensures, even further, that the LLC gives you limited liability protection like a gigantic shield. IRS > Another Demon! Without such formality, in the event of an audit, IRS may try to collapse the LLC entity in order to disallow
member deductions such as travel, entertainment, meals, auto, education, etc. Other deductions could also be adversely affected. Negative Result: You lose tax $$$!
Lawsuits Are Hell! - The results can be devastating. The loss of personal assets and the loss of LLC legal status for tax purpose could lead to a complete financial wipe-out and even bankruptcy, along with the emotional drain & strain on you and your family.
The LLC Master Machine Package will prevent this from happening as it also includes...
MINUTES OF MEETINGS – One of the most vital of the proactive entity formalities, includes...
(1) Minutes of members’ first meeting
(3) Annual minutes of meetings
All specially targeted for real estate operations with important real estate related matters; filled-in and ready to go.
|
ALERT: Courts have stated that actions without notices and minutes can make the LLC members personally liable or bind the LLC to unwanted transactions. |
RESOLUTIONS – Resolutions are entity records of the official acts of the members of the LLC. They can be used instead of formal meetings, simplify entity management and save even more time. Resolutions authorize many important legal, tax and other financial matters. Ours are filled in for 20 important real estate related matters.
| “Brilliant documents!” ....Cheri S. Hill, President, CEO Sage International, Inc. |
printing difficult-to-read certificates. They can be completed in minute’s right on the computer. Included clear meaning of certificate terminology such as “sale”, “assignment”, “transfer”, along with income tax, gift tax, and estate tax impact of certificate transfers.
LLC Certificate Register also on disk to record the issues of certificates (units) to the members and later transfers – Blank format with easy-to-follow instructions and a filled-in sample. Again, no more typing or hand printing; can be completed in minutes right on the computer. No need to pay for an awkward corporate kit.
|
IMPORTANT! Issuing complete certificates and recording them in the certificate register is an important (yet rarely done) entity formality to help prevent the piercing of the veil and protect the personal assets of the members. Plus, it is indisputable evidence of your LLC membership, essential in the event of: Disputes with partners; divorce; incapacitation; IRS audits, death (estate planning); asset protection (transferring the LLC membership units to a trust). |
Sample articles of organization with techniques to keep the members off the public record. Blank and filled-in formats.
| LLC documents are user-friendly... • Larger print you can easily see and read • Plain language (yet still very effective) • Easy-to-understand format • Operating agreement has complete table of contents for easy reference. |
|
“With your LLC documents I'm more than impressed with the extreme care and thoroughness that's evident in them. You've left no stone unturned!!”...Jim Guinness, Investor, Marlborough,MA |
NOWHERE else will you find this superior LLC system!
Many law firms would charge much more, as high as $2,000, $5,000 even more for one LLC and not with these extraordinary documents!
|
“It would cost a fortune in attorney and/or CPA fees to come up with anything even close.”...Jim Guinness, Investor, Marlborough, MA |
And don’t forget...
|
You Can Resurrect Your Existing LLC’s. These special LLC documents can be used to restructure existing LLC’s. Like magic...you can transform a debilitating LLC into a powerful vehicle of wealth protection that will save you substantially, year in and year out!
|
| The LLC Master-Machine Forms Package Complete System for the Formation,Organization & Operation of Limited Liability Company in All States – WITHOUT Expensive Lawyers $995 Value |