How to stay "Anonymous" - Start new LLC?

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • bhe221
    Confirmed User
    • Sep 2021
    • 21
    #1

    How to stay "Anonymous" - Start new LLC?

    Hello - I am looking to get started and understand I need 2257 / model release forms to do this legally. Would you recommend that I also start some sort of LLC or is putting my name just fine? Obviously would like to stay anonymous - but also think I would likely be generating a significant loss over the first few years - so tax deduction is also an objective (not sure if there are additional things I should consider in case of an audit from the IRS).

    Edit: also open to initial attorney recommendations for a consultation

    Thanks in advance
    Tags: None
    • InfoGuy
      80/20 Rule
      • Apr 2010
      • 3052
      #2
      Originally posted by bhe221
      Hello - I am looking to get started and understand I need 2257 / model release forms to do this legally. Would you recommend that I also start some sort of LLC or is putting my name just fine? Obviously would like to stay anonymous - but also think I would likely be generating a significant loss over the first few years - so tax deduction is also an objective (not sure if there are additional things I should consider in case of an audit from the IRS).

      Edit: also open to initial attorney recommendations for a consultation

      Thanks in advance
      bhe221, welcome to GFY.

      Requirement to maintain 2257 records is limited. When you say you are looking to get started, what do you plan to do? Do you intend to be a webmaster, model, content producer, paysite owner or other? Do you plan on being the primary or secondary producer of content?

      For a US based lawyer, you can try Michael Fattorosi in CA, Larry Walters in FL or Corey Silverstein in MI.
      Support American Heroes | How Bad is My Batch? | Vaccine Deaths & Adverse Reactions | Free Speech Coalition | <WARNING> ePayService / Guerra Capital, INC / MTACC payments | Flirt4Free Fucks their Affiliates | Don't do business with piece of shit Andy Alvarez from Webmaster Central / VR3000, who said:
      "If it was up to me, they would have shot all 30,000 of those country loving shitheads"

        Comment

        • Publisher Bucks
          Confirmed User
          • Oct 2018
          • 1331
          #3
          Whether working in the adult industry, or making sandwiches for a living, you should ALWAYS operate under an LLC at the very least to do nothing more than protect your personal assets as much as possible as allowed by law.
          Extreme Link List - v1.0

            Comment

            • brassmonkey
              Pay It Forward
              • Sep 2005
              • 77396
              #4
              shelf corp or a lawyer with non disclosure

              get a shield aka pre paid legal. you can talk to lawyers! no spam
              https://www.legalshield.com/personal...ge-and-pricing
              TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
              DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

                Comment

                • MaDalton
                  I am Amazing Content!
                  • Feb 2004
                  • 39861
                  #5
                  Even as an LLC you can't sign contracts or releases just with your company name. You can hire someone and let him sign in the name of the company. But you can't simply sign as "XYZ LLC".
                  AmazingContent.com - providing only the best content and service since 2003
                  Monetize your content on Veegaz.com - one of Germanies largest VOD sites
                  Got German traffic? We convert it into money for you!
                  Email: oltecconsult [at] gmail [dot] com

                    Comment

                    • brassmonkey
                      Pay It Forward
                      • Sep 2005
                      • 77396
                      #6
                      Originally posted by MaDalton
                      Even as an LLC you can't sign contracts or releases just with your company name. You can hire someone and let him sign in the name of the company. But you can't simply sign as "XYZ LLC".
                      look at the post above you. deleware i think is one https://www.l4sb.com/blog/regular-ll...anonymous-llc/
                      TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
                      DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

                        Comment

                        • MaDalton
                          I am Amazing Content!
                          • Feb 2004
                          • 39861
                          #7
                          Originally posted by brassmonkey
                          look at the post above you. deleware i think is one https://www.l4sb.com/blog/regular-ll...anonymous-llc/
                          I doubt that a model release would be valid under USC2257 if signed by an anonymous LLC but maybe I am wrong. I recommend asking a lawyer.
                          AmazingContent.com - providing only the best content and service since 2003
                          Monetize your content on Veegaz.com - one of Germanies largest VOD sites
                          Got German traffic? We convert it into money for you!
                          Email: oltecconsult [at] gmail [dot] com

                            Comment

                            • trevesty
                              Confirmed User
                              • Aug 2006
                              • 3810
                              #8
                              Originally posted by brassmonkey
                              look at the post above you. deleware i think is one https://www.l4sb.com/blog/regular-ll...anonymous-llc/
                              You can't sign a document as "Name of Biz LLC". You can sign it as "John Doe" who has been given authorization to sign by "Name of Biz LLC".

                              This is like... basic shit in the US.
                              The Fap Guide

                                Comment

                                • bhe221
                                  Confirmed User
                                  • Sep 2021
                                  • 21
                                  #9
                                  Originally posted by InfoGuy
                                  bhe221, welcome to GFY.

                                  Requirement to maintain 2257 records is limited. When you say you are looking to get started, what do you plan to do? Do you intend to be a webmaster, model, content producer, paysite owner or other? Do you plan on being the primary or secondary producer of content?
                                  I am planning on being a producer of content to commercialize/distribute on platforms such as MV and C4S. I believe, due to the MasterCard crackdown, these platforms are being much stricter on model releases/2257 compliance. I don't think I can do enough content volume for my own paysite just yet, so this route provides some flexibility.

                                  I am in IL and will be shooting all over the country. Not sure if this is a bad idea or if I need to consult different lawyers for each state I plan to shoot in.

                                  Originally posted by brassmonkey
                                  shelf corp or a lawyer with non disclosure

                                  get a shield aka pre paid legal. you can talk to lawyers! no spam
                                  Is a shelf corp different than an LLC? Also can you elaborate on the lawyer with non disclosure? I thought all lawyers owe you attorney-client privilege, which means they are essentially under NDA anyway.

                                  Thanks for the link - but would prefer not to work with random lawyers each time I need help.

                                  Originally posted by MaDalton
                                  Even as an LLC you can't sign contracts or releases just with your company name. You can hire someone and let him sign in the name of the company. But you can't simply sign as "XYZ LLC".
                                  Originally posted by trevesty
                                  You can't sign a document as "Name of Biz LLC". You can sign it as "John Doe" who has been given authorization to sign by "Name of Biz LLC".

                                  This is like... basic shit in the US.
                                  I am happy to sign under my name (of course with an NDA covered in the model release saying they can't disclose my real name) - but does there need to be a legal agreement saying I "John Doe" license to "XYZ LLC" even though I own XYZ LLC? Sounds like it complicates things a bit.

                                    Comment

                                    • MaDalton
                                      I am Amazing Content!
                                      • Feb 2004
                                      • 39861
                                      #10
                                      Originally posted by trevesty
                                      You can't sign a document as "Name of Biz LLC". You can sign it as "John Doe" who has been given authorization to sign by "Name of Biz LLC".

                                      This is like... basic shit in the US.
                                      yeah, that'd be also my opinion on this
                                      AmazingContent.com - providing only the best content and service since 2003
                                      Monetize your content on Veegaz.com - one of Germanies largest VOD sites
                                      Got German traffic? We convert it into money for you!
                                      Email: oltecconsult [at] gmail [dot] com

                                        Comment

                                        • plsureking
                                          bored
                                          • Aug 2003
                                          • 4905
                                          #11
                                          https://adult.law/



                                          #
                                          PornCMS / low cost paysite management with hosting

                                            Comment

                                            • trevesty
                                              Confirmed User
                                              • Aug 2006
                                              • 3810
                                              #12
                                              Originally posted by bhe221




                                              I am happy to sign under my name (of course with an NDA covered in the model release saying they can't disclose my real name) - but does there need to be a legal agreement saying I "John Doe" license to "XYZ LLC" even though I own XYZ LLC? Sounds like it complicates things a bit.
                                              No, you're the owner. You don't need to write anything to give yourself permission, unless your operating agreement explicitly states anyone and everyone needs written authorization to conduct business on behalf of the LLC.

                                              That would be more beneficial if you hired an employee or outside company to sign on your behalf. Even then, "written" can just be an e-mail to that employee saying "yeah, you can sign for that and stuff like it, go ahead". You're not going to sue yourself..
                                              The Fap Guide

                                                Comment

                                                • trevesty
                                                  Confirmed User
                                                  • Aug 2006
                                                  • 3810
                                                  #13
                                                  I would speak with Corey Silverstein or Lawrence Walters personally. They specialize in adult and they can answer your questions very specifically. Nobody's who replied so far is an attorney so I'd take it all with a grain of salt (including my own) until and unless you ask one of them.
                                                  The Fap Guide

                                                    Comment

                                                    • brassmonkey
                                                      Pay It Forward
                                                      • Sep 2005
                                                      • 77396
                                                      #14
                                                      im not going to go into it on this, lol this is a public forum
                                                      TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
                                                      DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

                                                        Comment

                                                        • Publisher Bucks
                                                          Confirmed User
                                                          • Oct 2018
                                                          • 1331
                                                          #15
                                                          Originally posted by trevesty
                                                          No, you're the owner. You don't need to write anything to give yourself permission, unless your operating agreement explicitly states anyone and everyone needs written authorization to conduct business on behalf of the LLC.
                                                          Strictly speaking, even though an individual may be the 'owner' of a company, legally they can still act as an employee as under United States law, the company is a physical entity that is ultimately responsible for any and all actions of their employees.

                                                          That being said, unless the corporate veil has been pierced, even the owner of the company can not be sued for that business' actions so long as they were not inherently fraudulent or illegal while being carried out.

                                                          It may be worth setting up two LLCs for this very reason and having one owned in partnership with the other, as to mitigate this type potential exposure even more.

                                                          Not actual legal advice, just explaining one scenario where operating an LLC, owned by another LLC might be of use based on my own business ventures and how many are actually owned by a 'shell' company (for all intents and purposes).

                                                          There are of course other tort exceptions to LLC.
                                                          Extreme Link List - v1.0

                                                            Comment

                                                            • bhe221
                                                              Confirmed User
                                                              • Sep 2021
                                                              • 21
                                                              #16
                                                              Originally posted by trevesty
                                                              I would speak with Corey Silverstein or Lawrence Walters personally. They specialize in adult and they can answer your questions very specifically. Nobody's who replied so far is an attorney so I'd take it all with a grain of salt (including my own) until and unless you ask one of them.
                                                              Thanks - will reach out to them. Any expectations on what an initial consultation (from a legal standpoint) would cost? Not sure if there's a material difference between these different Adult Law Biz providers.

                                                                Comment

                                                                • trevesty
                                                                  Confirmed User
                                                                  • Aug 2006
                                                                  • 3810
                                                                  #17
                                                                  Originally posted by bhe221
                                                                  Thanks - will reach out to them. Any expectations on what an initial consultation (from a legal standpoint) would cost? Not sure if there's a material difference between these different Adult Law Biz providers.
                                                                  No idea, man. That, too, is largely dependent on your situation.
                                                                  The Fap Guide

                                                                    Comment

                                                                    • MaDalton
                                                                      I am Amazing Content!
                                                                      • Feb 2004
                                                                      • 39861
                                                                      #18
                                                                      Originally posted by bhe221
                                                                      Thanks - will reach out to them. Any expectations on what an initial consultation (from a legal standpoint) would cost? Not sure if there's a material difference between these different Adult Law Biz providers.
                                                                      I am getting a vibe that this business might not be for you
                                                                      AmazingContent.com - providing only the best content and service since 2003
                                                                      Monetize your content on Veegaz.com - one of Germanies largest VOD sites
                                                                      Got German traffic? We convert it into money for you!
                                                                      Email: oltecconsult [at] gmail [dot] com

                                                                        Comment

                                                                        • fuzebox
                                                                          making it rain
                                                                          • Oct 2003
                                                                          • 22352
                                                                          #19
                                                                          Originally posted by MaDalton
                                                                          I am getting a vibe that this business might not be for you
                                                                          Checks out.

                                                                            Comment

                                                                            • AmeliaG
                                                                              Too lazy to set a custom title
                                                                              • Jan 2003
                                                                              • 10663
                                                                              #20
                                                                              I'm not an attorney or an accountant, so do your own due diligence, but here are my thoughts.

                                                                              If you currently have a lot of assets, you might want the protection of an LLC. You sound like you are just starting out, so, if you don't have other businesses or real estate or whatever to protect, you may not need to spend a bunch of dough to protect nothing.

                                                                              Same question with tax deductions: if you have other income such that you could benefit from losses, definitely consult with an accountant. If you don't have significant other income, then figuring out whether you want your LLC to be a pass-through entity is irrelevant.

                                                                              If you just want a nom de porn to have on your accounts you pay models with, then a simple DBA aka fictitious name statement may suit your purposes.

                                                                              If you tell models your name or anything else secret, then it is no longer secret. An NDA will, in my experience, be insufficient protection. But don't get into producing content if you'd have to commit ritual suicide if anyone ever knew.

                                                                              Lastly, adult work is not easy money, but it is generally fast money. In the current market for content production, if you lose money when the content is fresh, I wouldn’t have a lot of expectations of making it back on the long tail. Make sure your math works.
                                                                              GFY Hall of Famer

                                                                              AltStar Hall of Famer



                                                                              Blue Blood's SpookyCash.com

                                                                              Babe photography portfolio

                                                                                Comment

                                                                                • brassmonkey
                                                                                  Pay It Forward
                                                                                  • Sep 2005
                                                                                  • 77396
                                                                                  #21
                                                                                  Originally posted by bhe221
                                                                                  I am planning on being a producer of content to commercialize/distribute on platforms such as MV and C4S. I believe, due to the MasterCard crackdown, these platforms are being much stricter on model releases/2257 compliance. I don't think I can do enough content volume for my own paysite just yet, so this route provides some flexibility.

                                                                                  I am in IL and will be shooting all over the country. Not sure if this is a bad idea or if I need to consult different lawyers for each state I plan to shoot in.



                                                                                  Is a shelf corp different than an LLC? Also can you elaborate on the lawyer with non disclosure? I thought all lawyers owe you attorney-client privilege, which means they are essentially under NDA anyway.

                                                                                  Thanks for the link - but would prefer not to work with random lawyers each time I need help.





                                                                                  I am happy to sign under my name (of course with an NDA covered in the model release saying they can't disclose my real name) - but does there need to be a legal agreement saying I "John Doe" license to "XYZ LLC" even though I own XYZ LLC? Sounds like it complicates things a bit.
                                                                                  i will pm you
                                                                                  TRUMP 2026 KEKAW!!! - The Laken Riley Act Is Law!
                                                                                  DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

                                                                                    Comment

                                                                                    • pornlaw
                                                                                      Confirmed User
                                                                                      • Feb 2007
                                                                                      • 1902
                                                                                      #22
                                                                                      If you want to be completely anonymous, this isn't the right business for you.

                                                                                      First, it's almost impossible now to be anonymous.

                                                                                      Earlier this year, Congress overrode a veto by Trump and made anonymous shell corporations a thing of the past.

                                                                                      https://www.vox.com/22188223/congres...n-defense-bill

                                                                                      Your desire is to be anonymous opens you up to being the victim of a potential blackmail. I've seen others blackmailed for the same thing. If you're going to be in the industry, assume that eventually everyone in your life will find out about it. If thats not what you want, I wouldnt get in...
                                                                                      Michael

                                                                                      www.AdultBizLaw.com

                                                                                        Comment

                                                                                        Previous template Next
                                                                                        Working...