Quote:
Originally Posted by HardDrive
Why an LLC? Just the added insurance barrier
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LLC =
Limited Liability Company
Owning the house as an LLC helps insulate your personal assets from "business assets." An LLC can also act as a barrier to limit your loss exposure in the event of a lawsuit. An LLC also allows you to better account for and claim your business expense deductions. Income from the LLC is taxed at the personal level, and the LLC files as a schedule C attachment to your regular taxes. Click above for the Wiki link.
Quote:
Originally Posted by CarreraDan
I can give you his number if you want it.
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DAN!! I haven't heard from you in forever!! Sure, bud... PM me the info. Or email me if you still have my addy.
Quote:
Originally Posted by CarreraDan
I think you would be ok as you can be quite an intimidating guy and I seriously doubt people would really want to mess with you--I mean that in the nicest possible way.
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Ah, don't let the image fool you. I'm a real sweatheart.
