How to Set Up an LLC in 2024 From Start to Finish (Step-by-Step Guide)

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Karlton Dennis

Күн бұрын

Пікірлер: 81

@karltondennis 5 ай бұрын

Subscribe to the channel to help us reach 1 million subscribers!

@kkayse541 4 ай бұрын

Setting up my LLC now. Then S corp. Then YOU! I’m so excited to work with you and your team when the time is right. SOON!🎉♥️💯

@Benzslim237 2 ай бұрын

I just watch ur video and I wan to work with you and your team

@KarenNYC2025 3 ай бұрын

Thanks for this information! I thought I familiarized myself with starting an LLC. When I saw your video I realized I had no idea what I was doing. This hurt my confidence a little but I’m ready to look over everything again and make some changes. You’re a Godsend! 🙂

@JosephSmith-fp9lm 2 күн бұрын

I like how this is straight to point and simply articulated.

@joegriffin342 3 ай бұрын

I just want to say thank for the information in your videos . I am in the process to start my first business and your videos are helping me greatly.

@emulatedc5938 5 ай бұрын

Perfect timing! Blessings !

@dtrio7849 5 ай бұрын

Facts

@LocoJTVClips 5 ай бұрын

Thank you!!!! You’re giving out SO much information!!!! 😢 I will be soon signing up for your course. You deserve every penny!

@SamuelOlayode-h5p 4 ай бұрын

Have you been able to create your LLC? Have created mine

@sylviacml01 4 ай бұрын

Karlton that was perfect timing and a BLESSING! VERY informational

@DolphinDivingChamp 5 ай бұрын

Thorough and direct 🙏🙏

@MZ-hw2gj 5 ай бұрын

Your videos are the Best. I have learned so much from you .Thanks for the valuable information. ❤

@TonyRodriguez-Trod312 2 ай бұрын

Thank you Karlton!!! Awesome job

@emanuelmorales6069 5 ай бұрын

Thank you for explaining everything 🙏 God bless 🙌

@SamuelOlayode-h5p 4 ай бұрын

Have you been able to create the LLC successfully?

@ebarreda74 3 ай бұрын

Hi Karlton do you have a video where you talk about S-corp vs LLC for a Real state rental business? I have an s corp . My Tax account suggested me to do it. I have now an s corp. I am a Rookie on this !

@jesustejeda1 4 ай бұрын

Thank you for making such a quick and efficient video. Loved how you got right down to the point.

@soccersprint 9 күн бұрын

What are the online websites that you go to to complete each of those steps. What website for LLC? What website for EIN? What website for articles of business?

@Rollie0213 4 ай бұрын

Very informative

@rupapatcha9273 4 ай бұрын

Thank you so much for the great info. I have few questions. 1) Can I start a LLC with 1 member in the USA and 1 member in India ? So basically a multimember LLC with resident and non resident of USA. 2) How will the Non resident be taxed in USA in these cases.

@steverodriguez9041 5 ай бұрын

Hey Karlton, does your office offer services on writing the OP AGREEMENT if one wants a more taylored one then the basic version offered by the state?

@khackney86 5 ай бұрын

Great video

@sebastianlombana6144 4 ай бұрын

Thank you 🙏🏻

@amansingh4652 4 ай бұрын

I filed my second llc by myself this time Instead of using bizee, but it didn’t show me any options to put for professional purpose. I’m trying to start a real estate company for Airbnb purposes and more Any tips please..?

@soccersprint 9 күн бұрын

What website do you use to set up LLC? Is it free?

@ricom07 5 ай бұрын

Thanks Brodie 🙏

@TomMcHugh-l4v Ай бұрын

Do you pay state/federal LLC taxes on your personal tax return ? But the bank account uses the EIN? How does the IRS cross reference the EIN to my personal tax return ? When you file taxes electronically, how do you know how much to designate for social security or self employment tax ?

@Adam-xo5iq 4 күн бұрын

Your LLC revenue and expenses gets documented on a form, I think it is Schedule C. It is part of your individual tax return. The net profits are reported as your personal income. That’s why it is referred to as a pass through entity.

@AdeAde0224 5 ай бұрын

Great information

@Mr.Cory2265 4 ай бұрын

Does it make sense to have a youtube channel a llc as content creator?

@labryanlawrence6696 4 ай бұрын

What if you have the wrong address o both the operational agreement as well as the articles of organization?

@XZAVRZIIED-ny6hj 4 ай бұрын

Well said

@SamuelOlayode-h5p 4 ай бұрын

Have you been able to create yours, am an expert in this field if you don't mind i can help

@OpulentRosa 4 ай бұрын

If I get a business and go through a registered agent . How can I prove it is my business when opening a business bank account ect in the business ?

@mnventuresinc.8292 4 ай бұрын

When opening a bank account typically they require the articles of organization employer identification number, and operating agreement. In the operating agreement, it states who the owners are and how much percent of the company they own. If you’re in California, when you file a statement of information which must be filed with a 90 days. It will also stay who is the owner are.

@katerinaperez1397 3 ай бұрын

Hi @karltondennis perfect timming, just did all the stepts as you recommend in the video. my question is when should i upgrade to a s-corp. everyone here in florida says its best but what I have seen in your videos it my be good but at the same time no. I also have a w-2 (yealy income of 60K) and will defently not gain over 40000K net in the llc by the time is tax season. should i stay as LLC. Please advice. blessings for all your videos....

@yardiegirl7 24 күн бұрын

Hello respectfully, can you answer some of the questions here? We are like in an ocean in a small lifesaver 😊please❤

@NianLisa 4 ай бұрын

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@Britt-k7j 4 ай бұрын

What if I will have multiple Dba's can I choose a regular llc name

@Sheff313 3 ай бұрын

Thank u brother.

@troubledthoughts3936 Ай бұрын

Can you explain a PLLC?

@TheRondra 5 ай бұрын

Thanks

@UPT12-y7w 5 ай бұрын

Good looking 🤲🏿

@JustClowninRecords 4 ай бұрын

I’m a up coming music production/ musician I’ve only pulled in .14 streaming and I want to sell t shirts should I start a LLC

@mnventuresinc.8292 4 ай бұрын

I would definitely recommend starting an LLC so you can write off all of your startup expenses and ongoing expenses as well. they’re are multiple benefits more to open an LLC along with a business bank account. What state are you in?

@curtisswilliams1228 5 ай бұрын

Here first 🎉

@JohnFoster-cs8jz 2 ай бұрын

Do you setup LLC and get EIN for subscribers?

@FranciscoHernandez-ep4hy 2 ай бұрын

Hey how you doing man I need your help my mom bought some equipment to do embroidery and she wants to get her LLC she is retired and she is receiving benefits and she does her taxes with my dad since the own a house together. So when she bought her equipment back in April this year they told her she was gonna get a ree burstment since it was pretty expensive but she need her business license to get it. Will it affect my dad any way do they have to do there income tax together or separate . It's been a real scary and confusing situation. Do you have a office we could call? I know the year is about to end and kinda worried.

@soccersprint 9 күн бұрын

As far as I know the business tax filing is completely different from your personal tax filing. When you set up an LLC you have to get the EIN tax number from the IRS. Filing business tax has to be separate from parents filing their personal tax. Your parents personal tax is linked to their social security numbers. Your mom's business tax will be a separate filing using the EIN number. File personal tax based on joint personal non business income. File business tax separate based on business profit. Buy everything you need for business and by default what you need for personal use while operating business through a business account that you set up with the bank to get business credit. keep receipts and record as business expense. Make sure sales income is less than business expense so that profit is zero and you pay no tax. That way you earn money to buy the things you need and pay your bills without getting taxed. If they run the business out of their home then the utility bills and rent or mortgage would be a business expense that you can claim since you need electricity to run the equipment and Internet for business communication and transaction and water for a useable place of business. In both cases there should be no tax or low tax for both personal tax filing and business filing if the parents are retired and don't have a job income and if the business income is covering the expenses but not making big profits.

@FranciscoHernandez-ep4hy 9 күн бұрын

Thanks for replying . And Helping out the little people I appreciate it that God bless you.. and happy New years...

@fallencorporal 18 күн бұрын

Fincen is a redundant agency and potentially dangerous precedent. Thank goodness the ongoing case they're involved in, in Texas, stopped it from being a requirement for Jan 2024. It says as much on their site, but really it's just another avenue for taxation for a government that wont be open about who's benefitting from their own financial schemes. Why is this not just added on to the registration process as an additional step as it's already being processed. I'll not be perjuring myself thank you.