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Selling the Mean Green bus

Sound_Man

By Sound_Man
in Mean Green Football

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oldguystudent Newbie

oldguystudent

Posted
Posted

I have considered in my head throwing in some cash towards a percentage interest in a holding LLC.  It all sounds nice in theory, but then I recoil when I think about human nature on such matters, even with the best of intentions laid.

  • Upvote 3
97and03 Grand Master

97and03

Posted
Posted
49 minutes ago, MeanGreenMailbox said:

My guess is, insurance would be cheap when the premium is split among dozens of peeps. 

The way to get around multi-ownership shenanigans is to simply make everything transparent.  Insurance bill, e-mail goes to all members of the LLC.  Maintenance and fees, e-mail goes to all members of the LLC, etc.

 

I wonder if this poster is a lawyer...

laxtonto Enthusiast

laxtonto

Posted
Posted

Lets say that I am not necessarily willing to join a LLC, but be more than willing to donate to a gofundme that will go towards that LLC

Essentially, here is my cash but I dont want to deal with the headaches with me being a long long ways away

UNT90 Newbie

UNT90

Posted
Posted

2 people co-owning could lead to a nightmare.

10 people? Insanity. 

The alumni association or a certain alumni bar owner would make the most sense if a private buyer isn't interested.

  • Upvote 4
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  • 1 month later...

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