The recent Supreme Court decision in Mallory v. Norfolk Southern Railway Co. has stirred significant debate and raised important questions about the limits of personal jurisdiction over out-of-state corporate defendants. In a closely divided 5-4 ruling,…
During your time as a client with Lodmell & Lodmell, you set up one or more legal entities which are registered with the State of Arizona. As such, these existing entities have remained active and Lodmell &…
In the intricate landscape of financial planning and asset management, the Asset Management Limited Partnership (AMLP) emerges as a versatile vehicle for handling a diverse range of assets. This includes both personal use real estate and…
Many clients have multiple S-Corps which may be in similar or related businesses. In some cases it makes sense to simplify the reporting by rolling the multiple S-Corps into a single holding company. The process of…
Understanding Non-Active Real Estate Income Non-active real estate income primarily originates from sources like rental income or property investments that do not require regular, active participation. Unlike active income, which is derived from services rendered or…
