prog: (tom)
[personal profile] prog
All LLC-creation paperwork filed, and pound of flesh paid. (And I'm not convinced I'm done yet; the state can basically charge whenever they want for however much they want, like the completely unexplained $20 "expedited service fee" that attached itself to the base $500 filing fee. Man, I hate these guys.) Now I guess I just wait for a response.

I guess in the interim I could start thinking about what else I want to accomplish this month besides filling in paperwork and writing painful checks.



Andy Looney sold a single friggin Magic card for $519 [eBay link will die in a few days]. And that's just one of a bunch of cards he's been selling, one by one, for months. I can't believe I let my whole collection go four years ago for $100 or something, and it had some beauts in it. (Shivan dragon, sigh.) I guess I needed the money then, but... if I had known that I could peel 'em off one at a time just a few years later to help fund my own startup? Man. Good for Andy & Looney Labs, though.

Date: 2005-08-03 10:29 pm (UTC)
From: [identity profile] xymotik.livejournal.com
A Little Bit of Knowledge is a Dangerous Thing Dept.: with <4 minutes of research on corporations (too much other work to do!), I'll ask this--could you incorporate in a sleezy "pro-business" leech state like Nevada or Delaware, or would then registering as a foreign corporation with Mass. be too much of a nuisance (and like, would the Mass. IRS investigate you, etc.)?

Date: 2005-08-03 10:38 pm (UTC)
From: [identity profile] prog.livejournal.com
I'd be so nervous about making a fatal misstep, that I'd never actually follow through with it. And even if I did, I'd continue to be so nervous that I'd jump in fear every time the phone rang. Not worth it.

Date: 2005-08-04 01:12 am (UTC)
From: [identity profile] misuba.livejournal.com
It might be time to have a lawyer if you don't.

Date: 2005-08-04 11:56 am (UTC)
From: [identity profile] daerr.livejournal.com
The Mass IRS wouldn't care as you still have to pay Mass taxes.

Doing the foreign corp isn't that big of and advantage, these days there is little difference between Navada/Delaware and the rest of the country. The trickiest bit with foreign corps is that they require that you have a street address in whatever state you want to incorporate in. There are companies that will provide you with a physical presense for a fee (maybe $1000 a year).

Date: 2005-08-04 02:49 am (UTC)
From: [identity profile] radtea.livejournal.com
My kids have been buying Magic cards on eBay for a couple of years--there are deals to be had if you're patient and lucky. Some Russian guy was selling off odd lots of 15 cards a while ago that had some hidden gems. I'm figuring it'll pay for their college :-)

August 2022

S M T W T F S
 123456
78910111213
14151617181920
21222324252627
28 293031   

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Aug. 10th, 2025 02:26 am
Powered by Dreamwidth Studios