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To: LachlanMinnesota
It would also be interesting to know whether Reid took personal deductions for the property tax payments he made during the time the land belonged to the LLC.

Another thing: the article says

Reid isn't listed anywhere on [the LLC's] corporate filings with Nevada, even though the land he sold accounted for three-quarters of the company's assets. Brown is listed as the company's manager. Reid's office said Nevada law didn't require Reid to be mentioned in the filings.
Anyone intimately familiar with Nevada corporate law??? Does the law really not require the disclosure of a "partner" with a 75% claim on the proceeds from a sale of the firm's assets?
476 posted on 10/11/2006 5:18:56 PM PDT by Timeout (I hate MediaCrats! ......and trial lawyers.)
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To: Timeout

"Does the law really not require the disclosure of a "partner" with a 75% claim on the proceeds from a sale of the firm's assets?"

No, but congressional filings certainly do. He did not fill out his federal forms accurately or truthfully.

IOW, he lied on his Federal Filings! I believe a Perjury offense. And no sex involved.


480 posted on 10/11/2006 5:21:51 PM PDT by Prost1 (Fair and Unbiased as always!)
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And one more other thing:

I couldn't find any mention of whether the LLC was dissolved after the land sale. Does Reid STILL have an "informal" (ha!) interest in the company?


482 posted on 10/11/2006 5:22:23 PM PDT by Timeout (I hate MediaCrats! ......and trial lawyers.)
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