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Is there a good explanation for RSF's dad making him a partner? Tax a scam?
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Date: January 8th, 2019 11:32 PM Author: Chartreuse Metal Church Building I have never seen anyone, even RSF, attempt to defend this. What is the purpose of associating your zero-career playboy son with your firm?I know it's not something that would have any serious business repercussions for that kind of practice, but there must be some benefit to some party if they bothered to do this at all. Do RSF's homes in Manhattan and Paris, purchased with his father's funds, become a different tax designation if he and his father have mutual biz equity? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37556837) |
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Date: January 9th, 2019 12:11 AM Author: jet stimulating psychic chad "Do RSF's homes in Manhattan and Paris, purchased with his father's funds, become a different tax designation if he and his father have mutual biz equity?"
what the fuck are you talking about? seriously, do you have any clue of what you're even trying to describe? because this is nonsensical bullshit |
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Date: January 9th, 2019 12:19 AM Author: Chartreuse Metal Church Building No I don't. I have a high school kid's grasp of most financial concepts. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557070) |
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Date: January 9th, 2019 12:22 AM Author: jet stimulating psychic chad ok, well, then i'm sorry for coming down on you so hard. but, no - there is no tax advantage to RSF's father related to RSF's real estate holdings if RSF and his father are law partners (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557088) |
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Date: January 9th, 2019 12:26 AM Author: Lascivious deep public bath goal in life What if he's classifying them as RSF's home offices (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557109) |
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Date: January 9th, 2019 12:29 AM Author: jet stimulating psychic chad I don't know how hard field agents are auditing that type of thing but it's definitely an easy as fuck issue for them to spot. there are strict rules about how much time you can spend and what activities you can perform in your home office. this is basic shit (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557121) |
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Date: January 9th, 2019 12:36 AM Author: Lascivious deep public bath goal in life RSF's dad owns the condo. Rents to RSF. RSF pays rent using the partner draw he receives from his partner jerb. Dad gets to write off all sorts of condo expenses as the landlord and gets to collect rental income through an LLC and pay corporate taxes on it. Bam free condo from all the write offs + low corp income taxes (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557141) |
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Date: January 9th, 2019 1:09 AM Author: Chartreuse Metal Church Building L'Chaim! (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557202) |
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Date: January 9th, 2019 12:31 AM Author: Chartreuse Metal Church Building That's about what I was thinking. Just some way to make taxable assets part of a business write-off. The 'Paris' office because RSF calls in from there for an annual meeting. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557131) |
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Date: July 23rd, 2019 6:28 PM Author: ultramarine irradiated generalized bond I enjoyed this exchange (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#38577158) |
Date: January 8th, 2019 11:36 PM Author: Racy Tank Stag Film (Chuck) (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37556866) |
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Date: January 8th, 2019 11:36 PM Author: Marvelous shivering library He makes it rain (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37556867) |
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Date: January 9th, 2019 12:02 AM Author: Stirring hyperactive selfie .... in a St. Tropez nightclub (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557002) |
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Date: January 8th, 2019 11:41 PM Author: yapping appetizing internal respiration forum i think it’s more wishful thinking than anything. Maybe if I hold a spot for him he’ll return from fairytale land and become an adult. Idk. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37556911) |
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Date: January 9th, 2019 12:09 AM Author: Chartreuse Metal Church Building I don't think that's likely. I doubt his dad cares if he has a career or not. RSF seems to genuinely revere his father but nobody is going to make a credible argument that RSF gives one shiny flying fuck about becoming independently successful. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557041) |
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Date: January 9th, 2019 12:11 AM Author: big gunner He definitely does, otherwise why would he get a MYMASTERS (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557047) |
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Date: January 9th, 2019 12:30 AM Author: Chartreuse Metal Church Building I am not saying he doesn't feel any pressure to be somebody other than the son of a really successful lawyer. But if he really, really felt he was a disappointment to his father, he seems like the type to push himself and buckle down, live with some discipline, distinguish himself to some extent.
To me it always seemed like he had these delusions of becoming a journalist because he was convinced he was interesting and he imagined an endless, global jet-setting lifestyle that he had a good shot at establishing since he wasn't really dependent on earning money from it. It's the kind of unrealistic career that highly entitled but underachieving college kids imagine for themselves. |
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Date: August 24th, 2019 1:54 PM Author: Mahogany painfully honest crackhouse travel guidebook (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#38735620) |
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Date: January 9th, 2019 12:10 AM Author: Salmon Erotic Double Fault What does this have to do with tax? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557045) |
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Date: January 9th, 2019 12:14 AM Author: aggressive house electric furnace His parents talk a lot about altruism and how proud they are of RSFs suicided bro for how compassionate he was and how he tried to help others before he suicided.
Now their remaining son spends his life jet setting and writing shitty articles reviewing food in first class, honoring and helping only himself.
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Date: January 9th, 2019 1:54 AM Author: Rambunctious Iridescent Potus Brunch Goddamn obeezy you are one mentally ill motherfucker (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557303) |
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Date: January 9th, 2019 1:56 AM Author: Nubile Mauve Half-breed MFCR, LOL @ his “retirement.” He needs to permanently reture from life. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557308) |
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Date: January 9th, 2019 2:31 PM Author: aggressive house electric furnace Like your brother? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560116) |
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Date: January 9th, 2019 3:14 PM Author: drab juggernaut This one was way too easy (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560416) |
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Date: January 9th, 2019 3:16 PM Author: Nubile Mauve Half-breed No obeezy, suicide, like your gf who killed herself to avoid having to soend time with you (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560425) |
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Date: January 9th, 2019 10:06 PM Author: aggressive house electric furnace It wasn't a suicide? Did he OD then? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563055) |
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Date: January 9th, 2019 9:03 AM Author: Learning disabled impertinent friendly grandma (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557858) |
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Date: January 9th, 2019 8:05 AM Author: big gunner Link to the last article he wrote? Posting on xo or flyertalk doesn’t count (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557664) |
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Date: January 9th, 2019 2:31 PM Author: aggressive house electric furnace That would be outting.
He writes these long screeds describing each course in meals on first class. Just google it. Really pathetic stuff. Even that garbage is horrific writing. Truly talentless and banal stuff. |
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Date: January 9th, 2019 3:03 PM Author: thriller fantasy-prone indirect expression center Lmao (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560340) |
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Date: January 9th, 2019 3:07 PM Author: aggressive house electric furnace Find them. They are really hilarious. He'll spend 4 paragraphs on an airplane meal. It's startling that his writing career never took off with that combination of raw talent and compelling subject matter. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560353) |
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Date: January 10th, 2019 12:42 AM Author: spruce swashbuckling idiot (“guy” who writes 4 paragraph screeds on XO) (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563823) |
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Date: January 9th, 2019 12:25 AM Author: Lascivious deep public bath goal in life Allows him to pay RSF a fat salary or whatever rather than paying gift taxes and fucking with the lifetime exemption (I think he's said he doesn't have a trust fund) (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557105) |
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Date: January 9th, 2019 12:30 AM Author: jet stimulating psychic chad Salary? I thought RSF was a partner? and in any case, wouldn't RSF's share of the profits of the firm be taxable income in his hands? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557127) |
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Date: January 9th, 2019 12:40 AM Author: Lascivious deep public bath goal in life Draw or whatever, not a lawmo, just contributing content. And -- taking RSF at face value when he says he doesn't get a trust -- income tax on partner comp would be better than dad eating away at the ~$5 million lifetime gift exemption and paying annual gift taxes along the way (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557150) |
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Date: January 9th, 2019 2:12 AM Author: Nubile Mauve Half-breed When did I ever say that LJL (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557348) |
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Date: January 9th, 2019 1:01 AM Author: Nubile Mauve Half-breed Hmm, I wonder if this uptick in mentally ill posting about me is related to me calling PN out? Odd case. Good to see obeezy ITT as well. End it already little guy! (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557180) |
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Date: January 9th, 2019 1:11 AM Author: Chartreuse Metal Church Building I am sorry to be doing this shit. But you have to admit it's kind of a legit question. I don't expect you to comment on it seriously. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557208) |
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Date: January 9th, 2019 1:21 AM Author: Nubile Mauve Half-breed Yes, I am sure you are very “sorry” about stalking me off board. If only there was a way for you NOT to engage in mentally ill behavior! (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557231) |
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Date: January 9th, 2019 9:35 PM Author: Chartreuse Metal Church Building If you consider having knowledge of something that is openly known on XO as stalking, then guilty as charged. It's a widely known thing and you have allowed it to be known, so not sure why it's an invalid question just because you don't like it. If it's a violation of board policy then ask rach to scrap this thread. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562916) |
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Date: January 9th, 2019 3:15 PM Author: drab juggernaut So you're encouraging someone else to kill himself? Jesus you're a basket case. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560422) |
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Date: January 9th, 2019 8:06 PM Author: bronze disturbing theatre Tbf it's obeezy (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562290) |
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Date: January 9th, 2019 10:08 PM Author: aggressive house electric furnace ? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563065) |
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Date: January 10th, 2019 12:43 AM Author: spruce swashbuckling idiot (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563826) |
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Date: January 9th, 2019 1:14 AM Author: poppy unholy knife better question is why did RSF's dad "recently earn a Masters Degree in Political Science from Rutgers"? seems completely pointless, especially for someone like him. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557211) |
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Date: January 9th, 2019 1:20 AM Author: Citrine stead private investor if i was set for life financially id prob collect some random degrees too. if you like education and the university experience why not (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557229) |
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Date: January 9th, 2019 1:21 AM Author: poppy unholy knife OK, but poli sci? u can learn more about politics reading the NYT or Twitter, which isn't saying much. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557230) |
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Date: January 9th, 2019 1:57 AM Author: Citrine stead private investor no accounting for what people find interesting. at least a degree provides some structure to what you're learning (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557311) |
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Date: January 9th, 2019 2:10 AM Author: Provocative Brass School Cafeteria I have a business worth $X million which I hope/expect will be worth $X million + when I retire/die.
I make my son a partner in said business, let him take a draw, and give him an increasing percentage of the shares of said business as time goes on so that when I die (or retire) I have effectively transferred the business to said son on a tax advantaged basis. |
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Date: January 9th, 2019 3:01 AM Author: titillating jewess Papa RSF's business probably won't be worth much without him unless it retains a bunch of cash or real estate. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557422) |
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Date: January 9th, 2019 9:36 PM Author: Chartreuse Metal Church Building Sounds pretty plausible, actually. I wish your simple legal speculation was always this cogent. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562923) |
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Date: January 9th, 2019 2:24 AM Author: Arrogant Pocket Flask Lay Also if RSF pretends to work as a partner through a law corporation, he can deduct all sorts of expenses as fake business expenses, namely meals and travel which is basically 75% of what he does.
My understanding is that the firm has other real partners, so I assume this is just purely in name otherwise they would revolt. |
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Date: January 9th, 2019 2:26 AM Author: Nubile Mauve Half-breed Nah, i’m involved. U mad? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557365) |
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Date: January 9th, 2019 7:55 AM Author: red vibrant garrison involved in what? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557648) |
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Date: January 9th, 2019 2:26 AM Author: Provocative Brass School Cafeteria No way his father does not have a controlling stake though so what could they do. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557366) |
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Date: January 9th, 2019 2:28 AM Author: Arrogant Pocket Flask Lay It really depends - if the dad is paying him some draw out of his share and calling him a partner to transfer the interest in the business over? Nothing.
If he is getting an equity share that comes out of everyone else's chunk then the other partners would probably revolt and quit. |
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Date: January 9th, 2019 2:32 AM Author: Nubile Mauve Half-breed What would you know about equity partnership π? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557380) |
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Date: January 9th, 2019 2:37 AM Author: Arrogant Pocket Flask Lay you are really approaching this the wrong way. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557384) |
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Date: January 9th, 2019 7:44 AM Author: aggressive house electric furnace He's a MAF 40 year old kept boy.
Par for the course. |
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Date: January 9th, 2019 7:52 PM Author: excitant incel marketing idea (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562191) |
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Date: January 9th, 2019 9:04 AM Author: Learning disabled impertinent friendly grandma (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557860) |
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Date: January 9th, 2019 9:46 AM Author: big gunner Does rsf send you a text whenever there’s a mean thread about him? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37558098) |
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Date: January 9th, 2019 9:47 AM Author: Learning disabled impertinent friendly grandma just blankbumping a funny, lighthearted poke at earl's nonequity status (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37558116) |
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Date: January 9th, 2019 3:08 PM Author: Chest-beating National (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560361) |
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Date: January 9th, 2019 3:18 PM Author: lilac depressive (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560448) |
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Date: January 9th, 2019 7:52 PM Author: galvanic new version you used to criticize RSF before. now that he let you lick his asshole in paris, you reliably show up to shill for him when he gets into feuds. maybe if you keep it up, youll get a svetlana of your own (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562193) |
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Date: January 9th, 2019 7:53 PM Author: thriller fantasy-prone indirect expression center It deserved a blank bump. Why u so mad? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562202) |
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Date: January 9th, 2019 3:08 PM Author: Chest-beating National (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560362) |
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Date: January 9th, 2019 3:18 PM Author: lilac depressive Lol (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560440) |
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Date: January 9th, 2019 7:53 PM Author: thriller fantasy-prone indirect expression center Lmao (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562205) |
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Date: January 9th, 2019 7:56 PM Author: Cerebral pearl office reading party (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562221) |
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Date: January 9th, 2019 8:06 PM Author: red vibrant garrison lol (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562297) |
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Date: January 9th, 2019 3:14 AM Author: Provocative Brass School Cafeteria As you probably know, the number of partners equity or not with enough leverage to do anything is pretty small. Sure, maybe they quit, but if they don’t have enough portable business they won’t quit or would be stupid to do so.
Every decent sized firm has anti-nepotism rules to prevent this kind of thing, but those rules don’t exist at smaller places. |
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Date: January 9th, 2019 8:07 AM Author: adventurous multi-billionaire fortuitous meteor CR to equitize your kids so that if you die, they can continue to draw partner distributions until the other partners get pissed off and buy them out. Nice way to leave an additional inheritance to your kids without paying for it personally. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557665) |
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Date: January 9th, 2019 8:10 AM Author: low-t hairless base hunting ground (((Odd case))) (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557670) |
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Date: January 9th, 2019 8:10 AM Author: Supple shitlib Smells like duck sauce in here! LOL IR8 NOWAGS? Did you take your meds today PN/Obeezy/peterboi, blah blah etc etc etc (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557671) |
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Date: January 9th, 2019 8:41 AM Author: diverse university maybe he's smart and contributes to the firm when he's in town?
RSF's dad is oviously smart, y'all are obsessed with the idea of hereditary intelligence. why can't RSF be smart too?? |
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Date: January 9th, 2019 9:01 AM Author: bistre mind-boggling parlor He’s given us a pretty sizable body of evidence to the contrary over the last 10+ years (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557851) |
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Date: January 9th, 2019 4:46 PM Author: Canary newt (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561102) |
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Date: January 9th, 2019 4:50 PM Author: Nubile Mauve Half-breed LOL’ing imagining the AGONY fat prole idiot PN must have been in trying to hold back from using this alt. Eventually he just couldn’t take it anymore. LOL AT THIS DUMB AS ROCKS 400LB turd
http://www.xoxohth.com/thread.php?thread_id=4141867&mc=25&forum_id=2 |
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Date: January 9th, 2019 5:09 PM Author: Canary newt lmao i thought you already caught OP as a PN alt.
http://xoxohth.com/thread.php?thread_id=4173540&mc=102&forum_id=2#37560349
you should add him to your tracker and bill your time since, as this thread makes clear, you're SO INVOLVED in daddy's law practice |
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Date: January 9th, 2019 5:20 PM Author: Nubile Mauve Half-breed JFC this is low IQ drivel, even for a DUMB as FUCK obese turd like you Petey. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561340) |
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Date: January 9th, 2019 9:59 AM Author: blathering fear-inspiring range feces Understanding how heritable intelligence is would be useful in the context of populations and policy, it is not relevant for an individual for whom we have first-hand information about. In this case he has an extensive poasting history from which we can draw upon. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37558195) |
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Date: January 9th, 2019 8:11 PM Author: bronze disturbing theatre Ruh roh, looks like we have a big brained nibba poasting (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562335) |
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Date: January 9th, 2019 9:45 PM Author: Chartreuse Metal Church Building Lulz @ CGM, never not trying to insert hilariously misguided DE/Alt-R principles. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562963) |
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Date: January 9th, 2019 2:30 PM Author: Arrogant Pocket Flask Lay this isn't a job where you can help around in the mail room for a couple of weeks during summer vacation. RSF is clearly not practicing as a lawyer in a meaningful way right now. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560107) |
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Date: January 9th, 2019 8:24 PM Author: Cerebral pearl office reading party (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562408) |
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Date: January 9th, 2019 8:47 AM Author: demanding dysfunction it's an estate planning technique. making rsf a partner avoids the gift or estate tax on the amount rsf receives from the partnership that would otherwise be owed if earned by his father and then transferred to rsf by gift or bequest (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37557808) |
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Date: January 9th, 2019 10:34 AM Author: demanding dysfunction a numeric example. suppose the firm has $100 of income. if that amount is paid to rsf's dad, his dad will owe $37 of federal income tax and have $63 left to give to rsf. on that gift of $63, rsf's dad will owe 40% gift tax, leaving only $37.80 to be received by rsf. but if rsf is a partner in the firm and receives the $100 directly, rsf will owe $37 of federal income tax and retain $63. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37558445) |
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Date: January 9th, 2019 5:34 PM Author: mewling den cr
this is a common technique. at rsf's father's level of wealth, he's going to get screwed by the estate tax. |
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Date: January 9th, 2019 9:48 AM Author: razzmatazz snowy plaza Probably doesn't want son to get shut out if dad retires. Big PI guys sort of look at their firms in a dynastic way. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37558126) |
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Date: January 9th, 2019 10:51 AM Author: Ruddy temple Even if RSF does no work (idk), he wants to help his son even if just on paper. How is this hard to understand? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37558570) |
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Date: January 9th, 2019 2:29 PM Author: Arrogant Pocket Flask Lay what's hard to understand is RSF using this as a point of pride ITT. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560102) |
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Date: January 9th, 2019 2:34 PM Author: Nubile Mauve Half-breed It’s LOL that this makes you so angry (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560137) |
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Date: January 9th, 2019 2:58 PM Author: Arrogant Pocket Flask Lay it doesn't really. how you get money from your family makes no difference. You don't pretend to be actively practicing law and we don't expect you to. I have no problem with the life you choose to lead and you have a good time.
But you gotta step back and think about what your financial circumstances mean to you and how to convey that perspective to others.
It's fine that you are partner at your dad's firm for whatever reasons, but I don't think you believe that you contribute enough to the practice of law at the firm to explain that.
So when faced with that reality (and the trolls will focus on it as they do in this thread) you can make the choice to say "my situation is what it is, i am fortunate in a lot of ways and I wont apologize for that, so deal with it and stop being a hater."
But instead you use the partnership status as a bragging point in arguments, rather than humbly accepting your good fortune. What is there to brag about? |
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Date: January 9th, 2019 3:00 PM Author: aggressive house electric furnace RSF is incapable of introspection. Pretty simple. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560311) |
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Date: January 9th, 2019 3:01 PM Author: Nubile Mauve Half-breed Obeezy do you think you’re fooling anyone with this moniker? Just end it already. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560326) |
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Date: January 9th, 2019 3:07 PM Author: aggressive house electric furnace How did your brother do it? Maybe I'll imitate him if you reveal his secret method. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560357) |
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Date: January 9th, 2019 3:09 PM Author: Nubile Mauve Half-breed Time to join your gf obeezy :) (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560378) |
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Date: January 9th, 2019 3:10 PM Author: aggressive house electric furnace Come on - reveal his secret! I want to make sure I don't mess up.
Did he put a gun in his mouth? |
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Date: January 9th, 2019 3:12 PM Author: Nubile Mauve Half-breed Is that how your gf did it when she chose suicide over another minute with you? LOL. If you’d killed yourself back then maybe she’d be alive. Sad. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560402) |
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Date: January 9th, 2019 3:13 PM Author: aggressive house electric furnace ? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560404) |
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Date: July 23rd, 2019 6:27 PM Author: Rambunctious Iridescent Potus Brunch What a nasty little fucker (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#38577155) |
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Date: January 9th, 2019 3:00 PM Author: Nubile Mauve Half-breed 1. I literally NEVER bring it up, mentally ill people like OP do. 2. I actually AM actively involved with practicing law at the firm. |
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Date: January 9th, 2019 3:06 PM Author: aggressive house electric furnace Do you believe you attained partnership as a result of merit and not nepotism? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560352) |
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Date: January 9th, 2019 3:08 PM Author: Nubile Mauve Half-breed I 100% believe it’s time for you to end your life obeezy (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560359) |
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Date: January 9th, 2019 3:09 PM Author: aggressive house electric furnace Please answer the question. TYIA. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560369) |
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Date: January 9th, 2019 3:47 PM Author: Rambunctious Iridescent Potus Brunch Why would you “retire” and then obviously use a pumo. SO FUCKING WEIRD (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560693) |
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Date: January 9th, 2019 11:13 PM Author: concupiscible boiling water whorehouse (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563436) |
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Date: January 9th, 2019 3:10 PM Author: Arrogant Pocket Flask Lay And what level legal practice would you say you engage in? You certainly talk about your life a lot on here but never talk about work.
Do you believe that your status as an equity partner (I assume) is justified based on the amount of work you do, your work schedule and the quality of your legal practice?
And if not, then why keep on trying to justify or explain it. I am not saying you do nothing at all - but are you taking depositions, writing briefs that are submitted to the court, first or second chairing trials?
Your position is either because of your quality and experience as a lawyer, or because of your dad. You can decide for yourself which it is, but if the latter is true, that's nothing to be ashamed of (that's life) but it also should not be a point of pride. |
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Date: January 9th, 2019 3:10 PM Author: aggressive house electric furnace LOL MAF NOWAG DORK (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560387) |
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Date: January 9th, 2019 3:12 PM Author: thriller fantasy-prone indirect expression center There is zero chance he has done *any* legal work in years. It just isn’t believable. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560400) |
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Date: January 9th, 2019 3:12 PM Author: aggressive house electric furnace LOL PN YOU VIRGIN MAF DORK! LJL! (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560403) |
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Date: January 9th, 2019 3:14 PM Author: Nubile Mauve Half-breed LOL @ obeezy and WLMAS jacking each other’s clitdicks in this subthread. Talk about losers! (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560415) |
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Date: January 9th, 2019 3:17 PM Author: thriller fantasy-prone indirect expression center I don’t RSF-thread at all dummy, I’m mostly where earl is on this (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560434) |
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Date: January 9th, 2019 3:19 PM Author: Nubile Mauve Half-breed But you’re WLMAS (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560456) |
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Date: January 9th, 2019 3:18 PM Author: drab juggernaut (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560439) |
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Date: January 9th, 2019 7:54 PM Author: galvanic new version why wont rsf respond to this (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562214) |
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Date: January 10th, 2019 12:53 AM Author: self-centered fragrant locus hairy legs (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563855) |
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Date: January 10th, 2019 2:26 PM Author: self-centered fragrant locus hairy legs (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37566945) |
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Date: January 9th, 2019 8:03 PM Author: Cerebral pearl office reading party Maybe he's brought in a lot of clients. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562270) |
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Date: January 9th, 2019 10:05 PM Author: Talented seedy elastic band Sure he meets a lot of people whose family members died in fiery plane crashes on the 100 flights he takes a year. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563042) |
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Date: January 9th, 2019 10:06 PM Author: passionate shaky hell french chef You think dad ever wonders if RSF will be a client (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563047) |
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Date: January 9th, 2019 10:16 PM Author: Cerebral pearl office reading party what do you mean (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563105) |
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Date: January 9th, 2019 11:16 PM Author: self-centered fragrant locus hairy legs Game over. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563457) |
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Date: January 9th, 2019 3:22 PM Author: Histrionic Hilarious Laser Beams (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560487) |
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Date: January 9th, 2019 3:06 PM Author: thriller fantasy-prone indirect expression center What a thread. 100% chance PN or another of RSFs haters sends it to IRS (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560349) |
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Date: January 9th, 2019 3:21 PM Author: Bull headed saffron tattoo locale Whether RSF deserves it from a global capitalistic perspective ultimately depends on whether he is legitimately bringing sufficient clients into the firm, retaining existing clients, or will plausibly do so in the future.
Partner = good at sales.
Associate = good at the product. |
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Date: January 9th, 2019 3:22 PM Author: drab juggernaut Saddest thing about this thread is RSF making fun of suicide and actively encouraging it. Your bro really got all of the good in your family, didn't he? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560484) |
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Date: January 9th, 2019 3:24 PM Author: Nubile Mauve Half-breed End it now obeezy! (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560503) |
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Date: January 9th, 2019 3:50 PM Author: demanding dysfunction rsf comes across as completely deranged in this thread (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37560717) |
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Date: January 9th, 2019 4:41 PM Author: Khaki sandwich black woman TBF, tax avoidance is not the same as a tax scam. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561069) |
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Date: January 9th, 2019 5:19 PM Author: demanding dysfunction no, it's not the same, but when prompted by earl to describe the basis on which his treatment as a law firm partner might be a bona fide commercial arrangement apart from his father's tax planning, rsf was strangely silent, despite otherwise being engaged in the thread (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561335) |
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Date: January 9th, 2019 5:40 PM Author: Khaki sandwich black woman He’s silent because it’s pretty easy to see the truth that this is merely a wealth transfer given his parents will blow through the lifetime exemption quickly. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561492) |
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Date: January 9th, 2019 5:42 PM Author: Nubile Mauve Half-breed Incorrect, i’m silent because it makes earl more MAF (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561510) |
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Date: January 10th, 2019 3:12 PM Author: drab juggernaut , lisped the quivering jew clutching his shekels. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37567227) |
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Date: January 9th, 2019 5:35 PM Author: mewling den it's a scam if rsf isn't actually doing the work to earn his partnership income. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561457) |
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Date: January 9th, 2019 5:58 PM Author: Khaki sandwich black woman This makes no sense. You don’t have to work to be a partner/owner in a business. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561617) |
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Date: January 9th, 2019 5:59 PM Author: yapping appetizing internal respiration forum (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561619) |
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Date: January 9th, 2019 6:02 PM Author: thriller fantasy-prone indirect expression center (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37561635) |
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Date: January 9th, 2019 6:20 PM Author: mewling den obviously.
but the economic substance of such a partnership would be a sham if he weren't working. in most law partnerships, the actual capital contribution a partner makes to obtain his stake is de minimis compared to the ongoing contribution he has to make with his labor. if rsf obtained his partnership stake on terms that de facto assume he's contributing like a regular partner, when he's not (paying a far below market rate for his stake), economically that's an arbitrage of estate tax laws and it seems to me--a non-expert in these things--scammy. |
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Date: January 9th, 2019 10:07 PM Author: aggressive house electric furnace (((scammy))) (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563061) |
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Date: January 9th, 2019 10:11 PM Author: Talented seedy elastic band you're a retard (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563076) |
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Date: January 9th, 2019 10:18 PM Author: mewling den ?? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563111) |
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Date: January 10th, 2019 3:14 PM Author: gay gas station (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37567240) |
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Date: January 9th, 2019 11:31 PM Author: Khaki sandwich black woman capital contributions are only tied to the amount of equity interest you’re given. It has nothing to do with the amount of labor you’re supposed to provide. You may know about crypto, but on this issue, you’re completely out of your element. There’s nothing “scammy” about it at all, certainly not under the law. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563538) |
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Date: July 5th, 2020 11:09 PM Author: aromatic factory reset button “ It has nothing to do with the amount of labor you’re supposed to provide” ? |
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Date: January 9th, 2019 7:57 PM Author: Stirring hyperactive selfie (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37562231) |
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Date: January 9th, 2019 10:16 PM Author: Cerebral pearl office reading party Better question IMO is if you have that much money, why continue practicing law? it just seems so undignified. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563100) |
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Date: January 9th, 2019 10:19 PM Author: aggressive house electric furnace Why did RSF still beg exeunt for ETH despite having a massive trust fund?
(((you know the answer))) |
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Date: January 9th, 2019 10:20 PM Author: mewling den i don't think he's ever begged for eth from me. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563127) |
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Date: January 9th, 2019 11:09 PM Author: Stirring hyperactive selfie Right, that was Cryptopiglet (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563416) |
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Date: January 9th, 2019 11:14 PM Author: flatulent white giraffe Post removed by moderator for violating The Law of The Land. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563441) |
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Date: January 9th, 2019 11:16 PM Author: titillating jewess Respect the law of the land. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563446) |
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Date: January 9th, 2019 11:17 PM Author: wonderful station lulzy thread (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563459) |
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Date: January 9th, 2019 11:17 PM Author: insecure property quadroon https://i.redd.it/cce4heybgf921.jpg (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563464) |
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Date: January 9th, 2019 11:30 PM Author: Chartreuse Metal Church Building So if most everyone agrees that the breakfast gift from his father is some kind of shrewd Jew-scam, then do we also agree that RSF's pops is a very chill guy who doesn't give a fuck if his son ever achieves anything? I don't think that necessarily speaks ill of anyone. RSF's dad hustled and made money, and RSF gets to live an aimless life without consequences as a result. Not the first or the last and it's pretty much the story of minor wealth immemorial. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563536) |
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Date: January 10th, 2019 3:27 PM Author: drab juggernaut He's a grief stricken father who, after the better son offed himself, doesn't have it in him to do what most fathers would do and rip the teet from RSF's mouth and make him prove it on his own. His dad has seen him fail repeatedly at anything that does not come from his money, and he's probably afraid RSF would end up an overdosed junkie if deprived of a certain lifestyle, so he has no choice but to subsidize and enable him. So yeah, a pretty chill dude and I admire him for having the heart, if not the whole enriching him on the souls of 9/11 victims thing. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37567349) |
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Date: January 9th, 2019 11:32 PM Author: garnet maniacal location pisswyrm beyond the tax benefit (avoiding gift tax is obviously the reason), i'm sure there's also a psychic benefit to his father. it helps him live the lie that his son does something. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563545) |
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Date: January 10th, 2019 12:23 AM Author: Chartreuse Metal Church Building Is RSF a passable writer? (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563777) |
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Date: January 10th, 2019 12:39 AM Author: Blue beady-eyed school No it's garbage. He has all the time in the world but doesn't even manage to write much. So he's also lazy. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563818) |
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Date: January 10th, 2019 2:37 PM Author: aggressive house electric furnace You havent read his extensive work on huffpo travel and reviews of flight dining on 2dineout.wordpress?
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Date: January 10th, 2019 12:56 AM Author: Pungent Greedy Ratface πΏπ€€ (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37563861) |
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Date: January 10th, 2019 2:53 PM Author: Cerebral pearl office reading party lol @ you pathetic aspies talking shit about rsf. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37567096) |
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Date: January 10th, 2019 2:59 PM Author: Trip trust fund RSF can comment on PN’s mental illness.
Obeezy— you are turning out to be way more demented and pathetic than anyone thought. Probably time for you to end it all. |
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Date: January 10th, 2019 3:29 PM Author: drab juggernaut For once, RSF's allegiance to Trump has paid off. As an effect of the Trump shutdown, there can't possibly be enough IRS workers on hand to process the dozens of NOWAGs spamming them regarding RSF's tax scam. (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#37567365) |
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Date: August 24th, 2019 1:52 PM Author: Mahogany painfully honest crackhouse travel guidebook (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#38735609) |
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Date: August 24th, 2019 1:56 PM Author: aphrodisiac cuckold Dat NOWAG weekend rage (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#38735626) |
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Date: July 5th, 2020 10:56 PM Author: clear hominid kitchen (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#40553137) |
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Date: March 7th, 2021 7:30 PM Author: Chartreuse Metal Church Building (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#42064688) |
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Date: August 21st, 2021 7:02 PM Author: Chartreuse Metal Church Building (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#42987606) |
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Date: December 4th, 2021 3:15 PM Author: Chartreuse Metal Church Building (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#43558465) |
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Date: May 15th, 2022 9:56 PM Author: vivacious stage national security agency (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#44518546) |
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Date: June 27th, 2022 8:08 PM Author: Chartreuse Metal Church Building (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#44755943) |
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Date: April 24th, 2023 2:24 AM Author: exhilarant tan step-uncle's house (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#46230661) |
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Date: April 24th, 2023 6:23 PM Author: Ocher Motley Rehab <><><>COUNSEL PWNED<><><> (http://www.autoadmit.com/thread.php?thread_id=4173540&forum_id=2#46234542) |