All Forum Posts by: Jeffrey Miranda

@David M.

Thank you for your input. It is much appreciated. Just to clarify, my thought was to purchase a car from a private seller & then transfer the title to the LLC; I understand there would be obstacles in doing so, but I was just curious as to whether it was at all possible, and if it would be in any way practical. I live in California by the way.

Also, I had no idea having a commercial vehicle prevents you from driving on certain highways. That's interesting.

Realistically, it'd probably be simpler and more efficient to just have someone else co-sign for a vehicle, which is probably what I'll end up doing. However, I'll have to look more into that because I'm not fully aware of all the laws regarding a minor driving someone else's car. 

I'm not sure if this is the best place to post this but I figured it was worth a shot. I was wondering: since I can't fully own a car as a minor, would I be able to buy a used car, outright with cash, and transfer ownership to a formed LLC owned by me? And then use that vehicle for business/personal use?