On Nov 14, 10:39*pm, wrote:
Mark writes:
He then told me to look into a Delaware
offshore LLC

Delaware is "offshore"...as in, it's now an island?
Well, see, Usenet is useful. *I had no idea.

I believe the "offshore" either refers to a large number
of foreign entities that use Delaware as homebase,
or...it's a designation that gives your LLC a status
such that it is beyond the reach of the typical liabilities
of a traditional corporation.

I'd like to just have a "property" insurance on a hanger,
same as a homeowner's policy. This would cover the
contents of the hanger against tornados, fire, theft,
vandlism, etc. That's where the craft is most the time
anyway. I don't want the mandatory state policy that
governs my flying time. I believe many of those policys
limit your travel range too.

---
Mark