Married Co-Ownership or General Partnership?
by whitemtr2000, Window Shopper
- Created: July 27, 2009, 8:47 pm
Me and my wife just this month registered a DBA and now getting all the other paper work and bells and whistles ready.
I have a whole bunch of questions but my main question is this:
If you are married, do you have to register the DBA, seller's permit, etc as married co-ownership or is general partnership alright as well?
Me and my wife will be partners and owners as well, so what do I choose on the sellers permit? owner/co-owner or partner. Whats the main difference? What tax implications does either one have? Whats easier to deal with paper work wise
We are in California in the county of LA in the city of Agoura Hills
It is a resale/wholesale clothing business
It is strictly internet sales
It will be ready in about a year (once all the funds are in order and I have designed the site exactly like I want it)
Here is what I think I need to fill out paper work wise and whatever else i need but any other suggestions are greatly welcomed:
1: Register DBA (already done)
2: Do 4 week advertisement (done)
3: Go to BOE and get seller's permit
4: Get LA county business license (is this the same as the business tax application)
5: Business registration application for the city of agoura hills
6: Get a business checking account.
I think that is the main stuff for right now. Again though on number (3) I'm not sure if its the same thing, but I dont think so.
Thank you in advance to anyone and everyone that can help me out.
- Community Home
- Discussion Boards
- Tell Us...
- Discuss Popular Topics
- Developer Resources
- Social Media