### Comment:
After the fees, licensure requirements, quarterly reporting, all the shit the SEC makes you do, and the invested time I think it comes out to be pretty even. Plus I'm sure there's a law that stops something like this from happening.

### REPLY:
It's 100% illegal.  
  
 But between you and me, I know people who do this and pay virtually no taxes even though they make over 250k/year. Idk how they get away with it.

### END.