How To Fold The World's Farthest-Flying Paper Airplane. The all-time distance record for paper airplane flight* was set in February, 2012. The paper craft was designed by John Collins (a.k.a. The Paper Airplane Guy), and soared a whopping 226 feet, 10 inches. Here, Collins walks us through how to fold his world-record-holding plane, which he's named Suzanne..
Profits Interests The most commonly recommended approach to sharing equity in an LLC is to share profits interests. A profits interest is analogous to a stock appreciation right. It is not literally a profit share, but rather a share of the increase in the value of the LLC over a stated period of time.
File Form 1065. Unless your multi-member LLC has elected to be taxed as a corporation, you must file a Form 1065 each year, which is designed to reflect distribution among partners. This form reflects the net profit or loss of the LLC, and the percentage of that gain or loss that will be attributed to each member.ile Form 1065. Unless your multi-member LLC has elected to be taxed as a corporation, you must file a Form 1065 each year, which is designed to reflect distribution among partners. This form reflects the net profit or loss of the LLC, and the percentage of that gain or loss that will be attributed to each member.