Horse Lease Loan Form: Fill & Download for Free

Thanks for your question! Texas and Delaware have separate tax frameworks so this response will provide general details on tax liabilities for limited liability corporations and then analyze each state’s tax structure separately.Limited Liability Corporations (LLCs) are not taxed on their profits directly. Instead, profits “pass through” the business and the LLCs members report the profits on their personal federal and state tax returns (if the state has a personal income tax). Assuming your business is not automatically classified as a corporation, the IRS will either treat your firm as a sole proprietorship if your LLC has one owner or a partnership if the LLC has more than one owner. If your LLC is a sole proprietorship, you will report its profits or losses on your personal income tax return. If your LLC is a partnership, you and your partners will report its profits or losses in proportion to your ownership shares in the firm.Delaware LLCs are classified as partnerships for state income tax purposes and must pay a franchise tax and registered agent tax. There is no sales tax on goods or services. And you will not pay state business income tax unless your firm does business in Delaware. If you provide more information, I can advise you on special taxes that you may have to pay should you incorporate within the state.On the other hand, limited liability corporations registered in Texas generally only have to pay franchise, property, and sales taxes. Texas does not have a personal income tax. Texas does, however, impose special taxes on firms operating in certain sectors. Here is an organized list that should help you assess whether your tax liability in the state would be too onerous:Automotive Businesseso Oil manufacturers, distributors, and importers that sell motor oil to the publico Firms that sell, store, or consume new or used lead-acid batterieso Purchase boats in Texas or import boats from another stateo Businesses that sell, lease, purchase or rent heavy duty diesel equipmento Companies that rent, sell, or purchase motor vehiclesPetroleum Productso Firms that manufacture, produce, or import cement into Texas and distribute or sell the cement in the stateo Companies that own control, or furnish the tools, instruments, equipment, or chemical, electrical, or mechanical process used in providing natural gas or crude oilo Businesses that purchase crude oil or supply / transfer gasoline and diesel fuelo Companies that produce natural gas or sell and deliver the gas into a vehicle’s supply tankEntertainment and Hospitality Businesseso Casinos and horse racetrackso Companies that sell alcohol, cigars, tobacco, cigarettes or provide sexually-oriented serviceso Stores that harvest, purchase, handle, or store oysterso Hotels, bed and breakfasts, condominiums, apartments, and houses that rent rooms at a rate higher than $15 a dayFinancial Institutions, Public Utilities, and Insurance Companieso Banks that charge an administrative fee for personal property loans and secondary mortgage loanso Utility companies that do business within an incorporated city with a population greater than 1,000o Foreign and alien insurers licensed to conduct business in Texaso Car, home, fire, and farm insurance companieso Insurance firms and HMOs licensed by the state of TexasNeed assistance with forming your company? LawTrades provides free initial consultation, affordable, transparent flat-fee pricing, flexible payment options, and start to finish project management. We've helped over 1000 startups and entrepreneurs.

To be quite honest, it depends entirely on where you are. The proposition you put forward seems entirely sensible, and there are advantages for each party in what you propose. However, the real answer cannot come from anyone on here, but from trying it out.Is yours an area of formal livery yards, where people rent stables and amenities for a set fee? if so, go to those yards and see if anyone is interested in your offer. Don't be put off if you encounter a certain amount of cynicism, initially. Horse owners know that the world is full of people who love the idea of a horse, but find the reality stales after few days.You must recognise that, while what your are offering appears beneficial both to the owner and yourself, it may be that the owner has been let down many times before, by others offering just such a deal, or will know of many owners, like themselves, who have.To employ a metaphor, it is easy to promise roses in June.However, a clean bed, a full hay net, and a clean and plentiful water bucket, every single day, day after day, all year round, even when riding is no option, in the darkest days of winter - that is where horse ownership really lives.Horse owners know how hard it actually is to keep a horse, day-by-day during those parts of the year where it isn't actually all that much fun, and it is where our bond, with our horses actually forms - when they depend on us, and we can ask nothing in return.However, while a trust between horse and the human may arrive swiftly, in truth the trust between the humans involved in any such an arrangement may only arrive after several months of experience (on both sides). Both owners and volunteers need to know that it is safe, for all involved, to start altering plans. Setting definite date and time for evening events, committing weekday fixtures - essentially saying they can start doing the sorts of things non-horse-owning people do, with their non-horse-owning friends, on the basis that some one else can be trusted to be dealing with things. This is harder.I know, from experience that it can be an immensely rewarding and enriching experience to operate like this - it is a natural arrangement that exists between various owners on any yard, for example. My friend Gail, knows she does not need to bring her mare in, on an evening, because I will do so when I bring mine in, just as I depend on her to put mine out, with hers, in the morning. It is a mutual trust which goes way beyond the shallow interactions of so-called 'Social Networks'.However, as an outsider, Hoping to offer this sort of service, among others, you must see that you must demonstrate your trustworthiness and have it tested before you may be trusted, because - unless you embark upon legal agreements (whose enforceability may be questionable) you - as the service provider - can walk away at any time, while the horse owner is left holding the animal, the land it grazes, and the food resources they must have in stock for each coming winter.They are, materially, non the worse, than they were before, of course, but what if they had based your being there, to deal with their horse, on their ability to attend a relative's Christening, or a school play by their kids? Horses are extremely limiting on their owners, and most owners make allowances for this fact, but those who offer some relief from that life must recognise how concrete their offer must be.I do wish you luck, though, but hope my answer has shown that this is not a question with a universal answer. Your answer will come from you approaching the people concerned, offering what you propose, looking at their horses and, if they agree to your terms, deciding whether to enter into a contract with them, based on their terms.The UK, the BHS website has templates for loan agreements, or part loans, that will help solidify the legal basis for what someone who enters into a loan agreement over a horse can expect. Even if these documents appear to hold no legal jurisdiction under the system you live under, it is perhaps a good idea to read through them and see what sorts of concerns might arise in such an arrangement.

Because the UK has a private letting market that is deeply short-termist; the house is not your home, it is your landlord’s investment.For a long time, private renting in the UK has been seen as suitable only as a short-term stopgap. Proper people, responsible grown ups with jobs, bought their houses, going to considerable sacrifices to do so, with only the dissolute or the temporarily embarrassed having to rent (except for council housing, which was solid and sensible and dependable for solid, sensible, dependable salt of the earth working class people).From the war until the 1970s, the Rent Acts made life very difficult for landlords. Rents were regulated by law and set by local authority tribunals, tenants’ rights to maintain their tenancy and even pass it on down the family were very solid, inter alia if the property was sold (the sitting tenant would continue to be the tenant of the new owner with the same rights). This was enough to make it a pretty lousy investment.During the 1970s, a bodge to get around the Rent Acts came into use - homes were increasingly let using legal provisions intended for holiday rentals of a few weeks, which had no security of tenure and were exempt from rent controls. At the end of the lease it was replaced by a new one under the same conditions. People with Rent Act tenancies were dying off and were replaced by new less secure tenants. After a while the holiday lets were replaced by a new but basically similar form of lease, an assured shorthold tenancy, that essentially formalised this position without pretending you were at the seaside.Bear with me, this is still relevant.The default lease period was now for six months, tacitly renewable one month at a time after that with short notice periods. (Compare this with the situation in many other countries where renting was more normal, like France and Germany - there it was usually several years. In Belgium our leases were 9 years, with three-yearly reviews). At the same time the public housing stock was being run down by right-to-buy legislation, new building was tightly constrained both by public policy (green belts) and private interests (a small number of large-scale housebuilders buy up land and control the supply of new housing to maintain high prices). The result has been rampant house price inflation, which running hand in hand with an increasingly aggressive and unregulated provision of lending and a labour market which provides more and more unstable and short-term employment has brought us the great buy-to-let revolution, a mechanism whereby seemingly risk-free profits can be made with minimal capital on the assumption that property prices will carry on increasing forever while a flow of people moving around the country following the work will pay the interest on the loans made to buy it. It’s clearly a bubble, but it has kept some people well off for a fair number of years so far.The end result of this is that private renting is conducted largely by management companies on a one-method-suits-all basis, and generally on the assumption that a tenant will only be in one place for a few months, after which the property will once more have to be let, which means it has to be brought back up to a condition suitable to show prospective tenants round - and to maximise the appeal it needs to have nothing that will be too personal or potentially offensive, like walls that are painted any colour other than magnolia or carpets that are not greyish. Obviously, you don’t want to compromise the revenue stream by paying to redecorate the place every verse end, so the best thing is to ban any sort of activity that might make a mess, like having cats, dogs, parties or babies. Your ideal tenant comes home from work, eats a takeaway (no wear and tear on the kitchen fittings), watches TV until bedtime, gets up and goes to work again.This is quite a long way from renting elsewhere and elsewhen. My grandparents rented the same cottage from the early 1930s until their deaths in the 1970s. They had cats, built greenhouses, developed a substantial ornamental and kitchen garden over decades, rebuilt bits of the house, repainted when rooms needed it and generally treated it like a home. The landlord’s agent came round every quarter day and collected the rent. I’m sure the tenancy had restrictions, but they could have kept cats, dogs, chickens or probably a horse there and it would not have been considered the landlord’s business.In rural locations in particular you may still find properties where owners really want a long-term tenant and minimal mutual hassle, and you can probably come to an understanding, even if the forms of leases are still stupidly short term. In some cases, ferocious restrictions on a lease are there as a precaution rather than a policy - the intention is only to invoke them if you are a generally troublesome tenant, not to police your absolute compliance. Things are likely to be easier to arrange if you deal with the landlord directly rather than via an agency, and probably with landlords who are letting properties they have owned for ages rather than something ‘rented from the bank’ on an interest-only mortgage.I have been in this house for 14 years but can be kicked out at two months notice, purely at the landlord’s whim. I may be wrong to trust him not to do so, but mostly it seems to work for both of us. He did once suggest that we shouldn’t get a new cat after one of our three died, but my wife can be quite forceful. That was a decade or so ago, for most of which time we have had three cats. Some of the walls are still magnolia, but not that many. Fingers crossed, good luck with the ferret.