Re:California Labor Bill, Near Passage, Is Blow to Uber and ...
by zorked on Tuesday September 10, 2019 @10:36AM
(#20928682)
Does American law really fall for that sort of cheap scheme? In most other places that would be an additional law broken.
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Re:California Labor Bill, Near Passage, Is Blow to Uber and ...
by jdavis703 on Tuesday September 10, 2019 @11:12AM
(#20929076)
Yes we fall for it. We have people setting up LLCs (essentially"disposable" shell companies) to buy up real estate. Then to avoid real estate taxes they sell the LLC, which avoids triggering a "sale" of the real estate property. This is perfectly legal. Every landlord I've rented from in California has done this.