Calling aLL NY stunters and stunteresses
#2601
Re: Calling aLL NY stunters and stunteresses
#2602
Re: Calling aLL NY stunters and stunteresses
it looks like getting a loan for a throw away corporation will be too hard, so now im looking into renting parking lot space for one month, the way christmas tree sellers do it. then after the month is up, just keep riding there
#2603
#2604
Re: Calling aLL NY stunters and stunteresses
Operating as an LLC form of partnership does not mean that appropriate US federal partnership tax forms are not necessary, or not complex. The entity's income and deductions attributed to each member are reported on that owner's tax return.
#2605
Re: Calling aLL NY stunters and stunteresses
Had to do a search coz I wanted to make sure I was saying the right ****. Based on that search there are ways to make an LLC follow similar guidelines as a corp. My LLC was a single member LLC and operated as a sole proprietorship which leaves you responsible for all debts incurred by the LLC. So to sum it all up, shake was right sort of But a corp provides the benefit of not having liability however its set up.
#2606
Re: Calling aLL NY stunters and stunteresses
If they were to do that it'd be better to start a corporation instead of an LLC. I learned that the hard way. With an LLC they could come after the members of the LLC if it came down to that. With a corporation they go after the corp and not the individual owners of that corp. So with what youre saying, if a corporation was started and fenced in a lot with no insurance and fines were written against the corp, nothing would happen except the corp if they didnt pay would be hit with judgments but that wouldnt be a big deal. If it were an LLC and it were hit with judgments, those judgments would be passed on to the members of the LLC.
nice idea though.
#2612
#2613
Re: Calling aLL NY stunters and stunteresses
even if you were to form a corporation, the corporate owners who hold shares of the corporation can be held liable under the theory of "piercing the corporate veil". the smaller the corporation and the easier it is to pierce and find officers and shareholders liable for the actions, torts and contracts of the corporation.
nice idea though.
nice idea though.
#2616
#2618
Re: Calling aLL NY stunters and stunteresses
on top of the lot idea it would probably be easier to find a public area in the middle of nowhere, possibly out off ocean parkway in the not used jones beach lots.
#2620