Scoundrel Posted November 8, 2023 Share Posted November 8, 2023 Just now, MikeT14 said: Urban Colonel sounds like a great made for TV Movie starring Tom Selleck. It’s Colonel Scoundrel! Quote Link to comment Share on other sites More sharing options...
MikeT14 Posted November 8, 2023 Share Posted November 8, 2023 Just now, Scoundrel said: It’s Colonel Scoundrel! That sounds like the bad guy in the new season of Paw Patrol 3 Quote Link to comment Share on other sites More sharing options...
Scoundrel Posted November 8, 2023 Share Posted November 8, 2023 22 minutes ago, MikeT14 said: That sounds like the bad guy in the new season of Paw Patrol A new enemy has emerged… MikeT 2 Quote Link to comment Share on other sites More sharing options...
MWil23 Posted November 8, 2023 Share Posted November 8, 2023 (edited) 1 hour ago, MikeT14 said: Urban Colonel sounds like a great made for TV Movie starring Tom Selleck. Or Steven Seagall circa 1998 Edited November 8, 2023 by MWil23 2 Quote Link to comment Share on other sites More sharing options...
MikeT14 Posted November 8, 2023 Share Posted November 8, 2023 1 minute ago, Scoundrel said: A new enemy has emerged… MikeT Quote Link to comment Share on other sites More sharing options...
adamq Posted November 8, 2023 Share Posted November 8, 2023 2 hours ago, AkronsWitness said: I find this strange as well. OSU is essentially every B1G fanbases most hated team, but it is somehow beneath OSU fans to hate other teams back. Like Iowa can despise OSU and its all fine, but the moment OSU fans say something about Iowa they get looked at with a side eye. Everyone can punch up but we arnt allowed to punch down We Iowa fans are much more worried about hating our own coaching staff than anyone else right now 1 Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted November 8, 2023 Author Share Posted November 8, 2023 More weird nonsense going on w/ the LLC thing. Not saying it means anything but it's still strange regardless. Quote Link to comment Share on other sites More sharing options...
MWil23 Posted November 8, 2023 Share Posted November 8, 2023 22 minutes ago, BobbyPhil1781 said: More weird nonsense going on w/ the LLC thing. Not saying it means anything but it's still strange regardless. *Inject it into my veins!!!! gif* Quote Link to comment Share on other sites More sharing options...
ramssuperbowl99 Posted November 8, 2023 Share Posted November 8, 2023 (edited) 36 minutes ago, BobbyPhil1781 said: More weird nonsense going on w/ the LLC thing. Not saying it means anything but it's still strange regardless. This feels far more like unrelated, boring old tax evasion than anything to do with Michigan football or sign stealing. The LLC gets formed with parents who control it, and the children as stakeholders/owners. So the parents can "invest" in the LLC, and the children who now own the LLC can report any income that the LLC pays them out on their own taxes. If you take an LLC out for each property, there could be one LLC with a primary residence for the kid, owned by the LLC (so effectively children), but paid for by the LLC controllers (so effectively parents), that generates no income for the LLC since it isn't rented out and therefore never shows up on anyone's taxes. When the parents die, there's nothing to inherit because the kids already "own" the asset, they simply now also take control of it. So it's basically a way to gift a house and dodge the $16,000/year gift tax limit. Total bull**** but legal. Edited November 8, 2023 by ramssuperbowl99 3 Quote Link to comment Share on other sites More sharing options...
NateDawg Posted November 8, 2023 Share Posted November 8, 2023 I’m not giving Zach Smith too much of my attention. Even in this hilarious ordeal, he threw nonsense around that wasn’t true, whether he believed it or not. He obviously still has some connections but is still a typical loudmouth tabloid guy. All that said yeah, this stuff continues to get weirder. 1 Quote Link to comment Share on other sites More sharing options...
MWil23 Posted November 8, 2023 Share Posted November 8, 2023 10 minutes ago, ramssuperbowl99 said: This feels far more like unrelated, boring old tax evasion than anything to do with Michigan football or sign stealing. The LLC gets formed with parents who control it, and the children as stakeholders/owners. So the parents can "invest" in the LLC, and the children who now own the LLC can report any income that the LLC pays them out on their own taxes. If you take an LLC out for each property, there could be one LLC with a primary residence for the kid, owned by the LLC (so effectively children), but paid for by the LLC controllers (so effectively parents), that generates no income for the LLC since it isn't rented out and therefore never shows up on anyone's taxes. When the parents die, there's nothing to inherit because the kids already "own" the asset, they simply now also take control of it. So it's basically a way to gift a house and dodge the $16,000/year gift tax limit. Total bull**** but legal. TL;DR On Wisconsin Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted November 8, 2023 Author Share Posted November 8, 2023 23 minutes ago, NateDawg said: I’m not giving Zach Smith too much of my attention. Even in this hilarious ordeal, he threw nonsense around that wasn’t true, whether he believed it or not. He obviously still has some connections but is still a typical loudmouth tabloid guy. All that said yeah, this stuff continues to get weirder. If it were an opinion piece, I get it, but this is public info that he (or someone he knew) dug so the source isnt' really relevant, right? 1 Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted November 8, 2023 Author Share Posted November 8, 2023 29 minutes ago, ramssuperbowl99 said: This feels far more like unrelated, boring old tax evasion than anything to do with Michigan football or sign stealing. The LLC gets formed with parents who control it, and the children as stakeholders/owners. So the parents can "invest" in the LLC, and the children who now own the LLC can report any income that the LLC pays them out on their own taxes. If you take an LLC out for each property, there could be one LLC with a primary residence for the kid, owned by the LLC (so effectively children), but paid for by the LLC controllers (so effectively parents), that generates no income for the LLC since it isn't rented out and therefore never shows up on anyone's taxes. When the parents die, there's nothing to inherit because the kids already "own" the asset, they simply now also take control of it. So it's basically a way to gift a house and dodge the $16,000/year gift tax limit. Total bull**** but legal. I was posting it more for Connor being shady as hell and how much players might've been involved b/c they keep saying that no one knew him or was a partner in his business dealings. I agree w/ you about this though. Still might provide something interesting to this lovely ordeal. Quote Link to comment Share on other sites More sharing options...
AkronsWitness Posted November 8, 2023 Share Posted November 8, 2023 Where are we at with the dude who was under investigation by the FBI for cyber stuff on UMs staff? Have we circled back around to that chapter of the book yet? Quote Link to comment Share on other sites More sharing options...
BobbyPhil1781 Posted November 8, 2023 Author Share Posted November 8, 2023 2 minutes ago, AkronsWitness said: Where are we at with the dude who was under investigation by the FBI for cyber stuff on UMs staff? Have we circled back around to that chapter of the book yet? It's the government. This will take until at least 2025 w/ that one Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.