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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: No, I don't think that's a great choice... Posted by jenv on March 30, 2004 at 10:28 AM In Reply to: No, I don't think that's a great choice... posted by Ward-CA- on March 30, 2004 at 7:55 AM >Plus you'd have to keep the LLC around for 10 years @ $800/year to avoid personal liability >on the warranty. *Personal* liability? Ugh. Wouldn't you have to keep the QSub around 10 years, then? >In addition that minimum $800 annual fee grows to $6,000 if the gross receipts of the LLC reach a million. Gross receipts tax on a *disregarded* tax entity? That's insane (but so California). Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : >Plus you'd have to keep the LLC around for 10 years @ $800/year to avoid personal liability : >on the warranty. : *Personal* liability? Ugh. Wouldn't you have to keep the QSub around 10 years, then? : >In addition that minimum $800 annual fee grows to $6,000 if the gross receipts of the LLC reach a million. : Gross receipts tax on a *disregarded* tax entity? That's insane (but so California). Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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