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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 |
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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. |
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.
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shelf corp or a lawyer with non disclosure :2 cents::2 cents:
get a shield aka pre paid legal. you can talk to lawyers! no spam https://www.legalshield.com/personal...ge-and-pricing |
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".
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This is like... basic shit in the US. :thumbsup |
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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. Quote:
Thanks for the link - but would prefer not to work with random lawyers each time I need help. Quote:
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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.. |
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.
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im not going to go into it on this, lol this is a public forum
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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. |
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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. |
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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... |
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