Does your LLC name matter?

Does your LLC name matter?

The legal name of your LLC or corporation must be distinguishable from the names of other entities on record with the state filing office. LLCs. An LLC’s legal name usually has to include words like Limited Liability Company, Limited Company; or abbreviations like L.L.C., LLC, L.C., LC, or Ltd.

Does an LLC name have to be unique?

The LLC name must contain, as the last words of the name, “Limited Liability Company,” “Limited Company,” “LLC,” or another acceptable version of this entity type. Available LLC names can be reserved with the state for up to 120 days for $10.

What is LLC legal name?

The LLC name, or legal name, is the official name of the entity that is used to sign documents, file tax returns, file lawsuits, or to submit a loan application with a bank. On the other hand, a business name, or trade name, is the name the public uses to identify your business.

What should I name my real estate LLC?

89 Real Estate Company Name Ideas for 2020Equitable Property GroupApogee Property AdvisorsSterling Property AdvisorsCardinal RealtyCarpe Diem RealtyForward Real Estate AdvisorsHome & Hearth RealtyCitadel Partners RealtyBond & Main Real Estate GroupPrivet Group Real Property25 •

What are some examples of LLC companies?

Many well-known companies are structured as LLCs. For example, Anheuser-Busch, Blockbuster and Westinghouse are all organized as limited liability companies.

What is a disadvantage of an LLC?

LLCs are similar to corporations in that they offer limited liability protection to its owners. LLCs also have fewer corporate formalities and greater tax flexibility. However, one of the disadvantages is that profits may be subject to self-employment taxes. Compared to limited partnerships.

Can you name an LLC after yourself?

Limited liability companies can use personal names in a variety of ways: first names, last names, initials plus a last name, or a personal name that’s only part of the business name, such as “Joe’s Bar and Grill.” You can also form an LLC under a different name and use your personal name as your DBA or “doing business …

What LLC means in a company?

Limited liability companies