
Originally Posted by
thortek
Always. Do yourself a favor, and just have the titles notarized "Open" (Not in your name) that way iof you flip too many the State doesn't come after you for a dealers license. In Ohio I think it's like 6 cars a year,
As inoculous as it may seen, selling with an open transfer could be construed as laundering money with tax evasion to compund ones troubles.
I'm sure that olddude could put his sons names to better use that sitting on the couch all day playing video games. That would give him an addtional 12 cars nto the 6 he was permitted to leagally sell each year if he lived in Ohio.
That is one problem we in the western civilisation) have, were a selfish lot in that we do not bring our spouse or children into our business.
People these days are dieing whith out leaving a will.
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