Best posts made by Spiral

So, in general, you have state entities, and elected tax treatments, for which the LLC, a state business entity, is the chameleon, which has the flexibility to be elected to be taxed in such a way that best suits the facts and circumstances.

In addition to the typical layers, I have set the software restriction policy with a default deny policy, then allowed accordingly.
Like in:
http://mechbgon.com/srp/

In addition, not sure if applicable, but "Series LLCs", are even a newer form of LLCs, which have even more functionality, but less statutory history, however, probably not applicable in this case, but used more commonly in multiple rental property unit situations.

I believe that is "tax season" affecting my communication skills.... :winking_face:

@scottalanmiller

That is correct, however, the LLC has "charging orders" in regard's to creditors in relation to other member's personal issues.

Also, with multiple member LLC's, it is important to define what other members can do. Whether the LLC is member managed or manager managed. Define, how to add a new member, or remove a member out. Define the scope of operations. All this is to minimize exposure.

Has anyone put together an electrical backup strategy using transfer switches and standby generators?

Something using components such as:

http://www.eaton.com/Eaton/ProductsServices/Electrical/ProductsandServices/Residential/GeneratorsTransferSwitches/index.htm

That is correct.

"If it walks like a duck, quacks like a duck, it is a duck."

If you form an LLC, you want to treat it accordingly on all accounts, to benefit from the entity creation. There are many benefits, such as taxation, to treating a general business like a business and not like another personal checkbook.

However, the LLC is not a silver bullet, for general liability protection. The issue with a single member LLC is, it is difficult sometimes to separate the owner from personal liability, when the owner is personally performing services.

When you start adding additional members to the LLC, the importance of the “agreement” becomes exponentially more important for many reasons.

Interesting as people have noticed an increase in fail2ban bans on IP trying to connect to OPENVPN services, however, that could be coincidence, as I think this does not directly attack the service, but must lure you to a malicious site, for which the hack would insert garbage to the connection to try and obtain session data.

https://www.bleepingcomputer.com/news/security/voracle-attack-can-recover-http-data-from-vpn-connections/

I will look to see if I can find it. I remember reading this issue, and the referenced case from years ago.