Texas would at least like a "DBA" for the county where the *business* resides... And the TaxMan wanteth his share as well (min $125/quarter whether or not you sold anything, unless you can demonstrate a clear loss exceding the value of any state taxes claimed...) Cheers... Ed Tillman Store Automation Tech Support Specialist Valero Energy Corporation San Antonio, Texas, USA Office: (210)592-3110, Fax (210)592-2048 Email: edward.tillman(a)valero.com <mailto:edward.tillman@valero.com> -----Original Message----- From: William Donzelli [mailto:aw288@osfn.org] Sent: Sunday, March 16, 2003 9:43 PM To: cctalk(a)classiccmp.org Cc: cctalk(a)classiccmp.org Subject: Re: Penske is our friend! Well, maybe not then...I don't know Penske's rules. However, as was pointed out, being non-incorporated and doing the above scenario above certainly is legitimate business, as long as the taxman gets his share (Schedule C, I think? I don't do it anymore, since I incorporated. Anyway, that is what accountants are for). No license is needed, at least in some states. I would think, however, that Penske would want to see some sort of legitimate business paper if it can't have an EIN. Exactly, so you could actually think of the business rate as "normal" and the personal rate as "built in insurance". William Donzelli aw288(a)osfn.org