Avoid These 5 MISTAKES BEFORE Starting an LLC!

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).

[@jordibarguno]

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.

[@apartmentinvestingforbeginners]

Very informational video. Thank you for sharing

[@loricat5606]

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

[@LYFEAccounting]

Glad it was helpful. Thanks for watching.

[@carlosserrano7714]

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

[@LYFEAccounting]

Glad you think so! Thanks.

[@robertfidurski8209]

Thanks for the great advice 😃.

[@LYFEAccounting]

My pleasure!

[@jaywebster8010]

I'm working on creating my photography business. I will not make 50k my first year. Should I do a Sole P first?

[@iranie4981]

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.

[@LaurenGilkerson-bj5kr]

Why didn't you mention the use of a p.o. box instead of a home address?

[@LYFEAccounting]

Because the section dealt specifically with privacy concerns. Plus, I’ve seen home addresses being used a lot more than P.O. boxes.

[@loricat5606]

@@LYFEAccounting Is using a P.O. box an effective way to protect privacy? How does it compare to using a registered agent or virtual address?

[@LaurenGilkerson-bj5kr]

@@loricat5606 I was wondering the same thing

[@taxfinancialstrategy-et2lc]

Or something like UPS Physical Address Mail Box Service

[@abelp40]

Was your question answered?

[@goop4sho]

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