Quote:
Originally Posted by Donatello.
lol at thinking these loopholes benefit regular people the same as the rich. smh...
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You do realize there is a cost to open and maintain an MT LLC.
Most folks that do it are regular people that have a car collection of more than 3 cars or a very expensive car. Regular Joe Smith doesn’t know about it bec they are not into cars. Just like I don’t know many other things that other people are doing…..
Also the benefits are not only for tax purposes but avoiding things like annual inspections, registration, front plate rules, tint laws etc.