For instance, if you're paying $5,000 in rent, and your place costs $1 million, you should think about buying after 11 years. But if you're only paying $700 a month for a place that costs $175,000, you'll pretty much never be better off buying. Those stats are just for the basic calculator.
Oklahoma LLC Requirements. After forming a limited liability company (LLC), you must undertake certain steps on an ongoing basis to keep your business in compliance. These steps are also important in preserving the limited liability an LLC provides its owner(s).
There are no legal restrictions against another business owning an LLC. The Uniform Limited Liability Act, adopted in whole or in part in most states, allows any person to be an owner of an LLC. A person is defined as an individual or any other legal entity, such as a corporation, trust, estate or partnership. An S corporation, for instance, can spin off a product line into its own LLC, creating a subsidiary company where the S corporation is the sole owner.