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Industry Leading without Profit Sharing??

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Old 10-04-2014, 08:45 AM
  #121  
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Joined APC: Jun 2008
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Originally Posted by Saabs
Eagle is it true that we don't get to vote on the JCBA ? Assuming they even get one before arbitration....
Yes, absent an agreement between APA and AAG (which doesn't a pilot vote as this isn't a section 6 process), the JCBA resolution goes to interest arbitration.
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Old 10-04-2014, 04:11 PM
  #122  
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Originally Posted by JKflight
Sure does work that way....
He said "Don't get paid"
You have to show some kind of personal salary inside an LLC for LTD to work.
Your example is different, as in showing a profit loss/gain overall.
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Old 10-05-2014, 09:50 AM
  #123  
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Originally Posted by Thedude
Quote:





Originally Posted by flybywire44


Start an LCC, and don't get paid.




???
Did you mean an LLC?
I have never delved into the depths of an LLC or a type S corp but I am pretty sure it doesn't work that way.
I did mean LLC. Sorry for the typo.

You can also put the LLC in your child's name. Consult a reputed tax attorney if you're interested.
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