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JohnH

Member Since 14 Apr 2007
Offline Last Active Today, 05:01 PM

Posts I've Made

In Topic: LLC Pass through (single member)

18 May 2012 - 02:40 PM

In NC, the LLC would pay a $200 annual report fee.
A corp pays a $20 annual report fee, plus a minimum $35 franchise tax.

NC would not require a separate filing for each activity under the corp or LLC, just a single annual fee for the entity.
There might be some separate local licensing fees assessed by various municipalities.

In Topic: They're here (Audits on R/E professionals)

17 May 2012 - 04:00 PM

I don' think I can read it only one way.

I don't think, I can read it only one way.

In Topic: They're here (Audits on R/E professionals)

17 May 2012 - 09:11 AM

The difference between the almost right word & the right word is really a large matter--
it's the difference between the lightning bug and the lightning.

- Mark Twain, in a Letter to George Bainton, 10/15/1888

In Topic: They're here (Audits on R/E professionals)

17 May 2012 - 08:37 AM

"This is the sort of arrant criticism up with which I will not put." :)

In Topic: Cancellation of Debt

16 May 2012 - 10:49 AM

View Postmcb39, on 16 May 2012 - 10:22 AM, said:

I have had more people calling this year to ask how long they needed to keep papers. I would like to say "forever", but I do say "forever" in regard to stocks, RE transactions, Retirement funds, any type of business and/or rental info. Why is everyone in such a big hurry to throw things away? I have a gal coming in on Monday who hasn't filed for five years.; which was the last time I filed for her. I thought she went elsewhere. No, she just didn't file. I hope she didn't throw anything away for her sake.


Everybody's intent on going paperless. They don't give much thought to things such as per-digital recordkeeping, bank mergers, snd basic sloppiness in the businesses they deal with. They just assume somebody else has it taken care of, or perhaps they will be able to bully, beg, belittle, or shame somebody else into covering for them if a problem comes up.