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BuckeyePlanet Calls for Aid! -- Let this be the hour!

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plum diamonds buckeye planet

I read and understand this (I'm just trying to see what the traffic is really like)

  • Yes

    Votes: 6 21.4%

  • Yes but I like this Yes better.

    Votes: 22 78.6%
  • Total voters
    28
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Buckeneye said:
To echo what @ORD_Buckeye said, if we know what amount needs to be the monthly threshold, we can all equally contribute.

I presume if you had 50 with $1.99 a month (just spit balling numbers) that would be ideal.

As for start up capital - again, if we can get a number, an approximation on 3 month cost, I know I'd be happy to contribute.

Edit: Will McNeilings be a thing again ?

Dear God, say 'yes'
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Candidly, for as much fun as that may have been, I think that the potential legal issues for the individual in charge outweigh the potential fun. There's significantly greater potential for loss than there is for gains. To that end, govern yourself accordingly.
 
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Jaxbuck said:
@Mike80 has to pay taxes on the revenue so up to him, but I'd be asking you guys to work with me to keep it as close to break even as possible.

I wouldn't imagine it to be a huge amount but easy for us to say when it's not our tax bill
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I really hate to put this in writing or even admit this, but @Jaxbuck tends to make some very good points in many of his posts. However, I believe in this instance his concerns may be easily avoided.

First, my disclaimer. I am not an attorney. I am not a CPA. Nothing that I say is to be construed as tax nor legal advice. I do not want to go to jail.

So far as the tax code designation 501(c)(3), I believe the only application would be if someone tried to claim what they gave (not paid) to Mike as a tax deduction. I trust none of us would do that.

Concerning money being given to Mike personally, as long as it is designated as a gift to a friend/relative/other person and there are no goods or services received then it should be a tax free gift. If someone chooses to give Mike over $19,000 in a calendar year then the person who was stupid enough to give Mike that much would be subject to paying a gift tax. Again, I am stating this as my belief, not as fact.

My belief is taxable income to Mike would come into play if we use the PayPal button that says payment for goods or services. As long as we are careful to use the gift button it should be fine.

Did I mention I am not an attorney, I am not a CPA, and this should not be construed as tax nor legal advice? I really don't want to go to jail at my age. And my wife said she didn't want me to go to jail either, which kind of shocked me.
 
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buckeyeintn said:
Did I mention I am not an attorney, I am not a CPA, and this should not be construed as tax not legal advice. I really don't want to go to jail at my age. And my wife said she didn't want me to go to jail either, which kind of shocked me.
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I concur that you are quite untrustworthy. We can bring in a host of witnesses if it pleases the court.

As alays, trust the coaches (only).
 
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sparcboxbuck said:
I'm sorry, I've not made it to the advanced classes in my major. I'm still working on the "Choosing Positivity 135" curriculum. Then into "Bitching Up 200." Once that's done I'll be able to enroll in the "Learn Legal 500" sequence.
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13 years ago and The Strassini Affair still delivers!
I occasionally use one of those phrases outside of BP and people look at me weird! (TBH, they do that anyways)
STRONZO!
 
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NJ-Buckeye said:
Maybe @Mike80 should run it thru an LLC... to protect himself... make the $500-$600 initial filing fee part of startup
easier to do Schedule C write-offs to break even

including
trips to the Shoe to check in on the business.. flight, hotel, meals
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He could always check with Connor Stallion and Blake Corum for tips on setting it up.











I'll show myself out now.
 
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gmen6981 said:
13 years ago and The Strassini Affair still delivers!
I occasionally use one of those phrases outside of BP and people look at me weird! (TBH, they do that anyways)
STRONZO!
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No way that was 13 years ago, was it?

I was just talking about that thread with my oldest son and nephew as we just moved to Charlotte. I shared the link with them because they couldn't believe how outrageous it was.

Being down here now, there's a part of me that wants to attend some of the Charlotte Alumni group functions just to talk to some of the people who may have been around for it. It would be kinda cool to connect the "from BP side" to the "Charlotte Alumni side." You have to think that some of them still tell stories about it the same way we do.
 
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sparcboxbuck said:
No way that was 13 years ago, was it?

I was just talking about that thread with my oldest son and nephew as we just moved to Charlotte. I shared the link with them because they couldn't believe how outrageous it was.

Being down here now, there's a part of me that wants to attend some of the Charlotte Alumni group functions just to talk to some of the people who may have been around for it. It would be kinda cool to connect the "from BP side" to the "Charlotte Alumni side." You have to think that some of them still tell stories about it the same way we do.
Click to expand...

Better yet, show up to an event claiming to be the real Giovanni Strassini.
 
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