Quote: (10-16-2012 09:15 AM)John Galt2 Wrote:
You want a multi-member LLC. So Roosh can have someone he trusts (his mother?) own 1% and he owns 99% and is the designated manager. That is what I do for mine (my brother is the "1 per center" in my case). Again, not a huge deal if we are talking small dollars. But Roosh has a "real business" and he should take steps to protect himself. Just my $0.02
This is stuff you want to talk to a lawyer/accountant/textbook about, not just guess. I vaguely remember stuff about exceptions with family members for example, it's easy to get bitten in the ass with this stuff.