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Limited Liability Limited Partnership in Florida: Breaking Down the Basics

The Limited Liability Limited Partnership in Florida A Limited Liability Limited Partnership (LLLP) is a business entity choice in Florida, particularly for businesses that want to limit the liability of certain partners while still allowing them to participate in the business’s management and decision-making. But what exactly is a LLLP, and how can it benefit […]

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Florida limited liability partnerships

Limited Liability Partnership in Florida: A Primer

Understanding Limited Liability Partnerships in Florida A limited liability partnership (LLP) is one way of operating a business that is available in Florida. Limited liability partnerships in Florida are created under Sections 620.9001–620.9003, Florida Statutes, which is part of the Revised Uniform Partnership Act of 1995 (RUPA). In short, a limited liability partnership works like

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Limited Partnership 101: Understanding the Basics in Florida

Florida Limited Partnerships If you are starting a business in Florida, you may have considered forming a limited partnership. A limited partnership is a type of business entity that allows for both general partners and limited partners. In this post, we’ll briefly discuss the basics of limited partnerships in Florida, including what they are, how

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Florida Professional Corporations and Limited Liability Companies

Why Florida Professionals Should Consider a Professional Service Corporation or Professional Limited Liability Company

Understanding Florida Professional Service Corporations and Professional Limited Liability Companies Choosing the right business structure is an important decision for any professional in Florida. Your business structure can impact your tax liability, personal liability, and overall image as a professional. Two options to consider are a Professional Service Corporation (PSC) and Professional Limited Liability Company

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Florida S Corporations written over a FL beach

What is a Subchapter S Corporation and How Does It Work in Florida?

Exploring the Advantages of Subchapter S Corporations for Small Business Owners Small businesses are an important part of the economy and many entrepreneurs have visions of creating successful companies. However, starting and operating a business comes with decisions, including those concerning legal and tax considerations. One option for small business owners to consider is the

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Florida flag with Florida limited liability companies superimposed over it

The Ins and Outs of Florida Limited Liability Companies: What You Need to Know

The Benefits of Choosing a Florida Limited Liability Company: An Overview A Florida Limited Liability Company (LLC) is a popular business structure for entrepreneurs and small business owners. It offers many benefits, including limited liability protection, flexible management structures, and tax benefits. In this post, we will examine the ins and outs of Florida LLCs

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miami buildings and coastline

New Registration Requirements for All Condominiums, Cooperatives, and Homeowners’ Associations in Miami-Dade County

On March 1, 2022, Chapter 17D of the Code of Miami-Dade County was created by an ordinance (“Ordinance”) passed by the Board of County Commissioners of Miami-Dade County, Florida. The new chapter, titled the “Miami-Dade County Ordinance for Registration of Community Associations”, applies to all residential condominiums, cooperatives, and homeowners’ associations (collectively, “Community Associations”) located

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Year 2022 track starting line

HOA Boards, Remember at the First Board Meeting You Need to Consider Preserving the HOA Covenants from Extinguishment Under MRTA

With the new year well underway, homeowners’ associations’ boards of directors are holding the year’s first board meetings. While it is understandable there may be several matters a board wants to address at the first board meeting, it is important for homeowners’ associations’ boards to remember that Florida Statutes require them at the first board

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