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Avoid These 5 MISTAKES BEFORE Starting an LLC!

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A step-by-step guide to avoid mistakes when starting an LLC
👉 BEST Virtual Address for Business: bit.ly/44Tv7TC
👉 Free LLC Operating Agreement: bit.ly/2TQ1Itk
⏱️TIMESTAMPS
00:00 - Intro
00:47 - First Mistake
03:21 - Second Mistake
05:27 - Third Mistake
08:47 - Fourth Mistake
10:28 - Fifth Mistake
11:56 - Outro
#taxes #taxfreeliving #taxexpert #taxreduction #llc
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

Опубликовано:

10 авг 2024

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Комментарии : 21

@jordibarguno 2 месяца назад

I registered my LLC in AZ. I had to fill out 1 page and pay $20. In IL, I had to fill out a binder of paperwork and pay close to $800, jajajajajaja. This was many years ago, so I'm not sure if it has changed, but yes, the differences from state to state are insane.

@damon-burton 12 дней назад

Excellent breakdown of common LLC pitfalls. The advice on avoiding your home address as a business address is gold. Privacy is paramount for any business owner. I'd love to hear more about the nuances of choosing a NAICS code. Are there specific industries where this decision is especially critical? And how does one go about determining the best code for their business? Great video overall.

@apartmentinvestingforbeginners 2 месяца назад

Very informational video. Thank you for sharing

@carlosserrano7714 2 месяца назад

This is the most simple way to explain the LLC benefits! Great info! 🔥🔥🔥💯

@LYFEAccounting 2 месяца назад

Glad you think so! Thanks.

@robertfidurski8209 2 месяца назад

Thanks for the great advice 😃.

@LYFEAccounting 2 месяца назад

My pleasure!

@loricat5606 2 месяца назад

Thank you! This was helpful and I'll be saving it to refer to.

@LYFEAccounting 2 месяца назад

Glad it was helpful. Thanks for watching.

@NikkiNiNiNi 28 дней назад

I formed a new LLC recently using my home address. I will definitely switch to a virtual address. Thanks for the advice!

@heyimjaye 26 дней назад

Thanks for such an informative video! Are one of these links the link for the Registered Agent?

@happyeggroll5267 27 дней назад

I did 1099/scheduleC for 5 years before starting my LLC only because I now need small retail doors for distributors access.

@iranie4981 2 месяца назад

Hi...interested in launching a new LLC for real estate investment. What NAICS code can I utilize (besides the 1 for real estate)? I've learned that real estate seems to be 1 of the riskier types of businesses which receive either very low funding from banks or none at all.