Are LLCs DEAD Or Can They Make A Return?

[@Fletch6]

California LLC franchise tax is $6000 if your revenue (not profit) is over $1 million. And I think there is a percentage paid for anything above that.

[@0707-l3m]

I love Coffee and i love the analogy. lol “sure”

[@bryanhepding3851]

These guys got the bases covered !

[@dcmiracles17]

Excellent interview, very helpful and valuable info! Many thanks!

[@same.7939]

Great discussion! Quick question - despite the increased risk of an audit of a disregarded entity, isn’t it still a good idea to do so while you’re unprofitable / slightly profitable and then elect as S-corp when you start making a couple ten thousands in profits?

[@TobyMathis]

Thank you so much for your question! We highly recommend you join us at our next Free Tax & Asset Protection Workshop Livestream. Our attorneys and specialists will answer all your questions at no additional cost. Save Your Seat: aba.link/taptoby

[@djmitchell3464]

This was amazing Toby. Jonathan is definitely a great representative of the company. This video definitely enlighten me on taxation on LLCs. My last business as a newbie i was by default a disregarded LLC but I recently created my new LLC in Wyoming and now i need to select s corp for the separation. Just wondering tho if i just keep personal and businesses expenses separate in a Single member llc and just operate it as a s corp financially could that still protect me from losing a audit doing business correctly?

[@dcmiracles17]

C corp need to have annual meetings but LLC do NOT have to have annual meetings and paperwork in some states, correct?

[@MartinD9999]

Thank you. Reached out to provider link. 👍🏽

[@TobyMathis]

Awesome, thank you! Please let us know if you need any further assistance.

[@yagga8885]

Wyoming is a nice place. Did a marathon in Cheyenne. 😅

[@allme7425]

Excellent info

[@dman10000000]

Which is better for your personal home a Land Trust or a Living Trust?

[@TobyMathis]

Hi Derrick, thank you for leaving your comment. You can request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. You can request it here! ---------> aba.link/tobyss

[@robertgunderson1946]

We have had 1 rental property since 1999 in South Dakota and do not have it in an LLC. Our names are on everything , Deed etc. If we do an LLC now how do we hide our names?

[@STELLASCUTENESS]

Reorganize into anonymous LLCs and don’t personally be the registered agent (have an attorney be the agent), and probably do so through Wyoming for best protection of personal ID.

[@Organizer14669]

For people who have several properties and have specific questions how to structure, do you or Clint do private consultation and which is best phone number to get fastest results with no delays? Thanks!!

[@TobyMathis]

Hi, thank you for leaving your comment. You can request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. You can request it here! ---------> aba.link/tobyss

[@TobyMathis]

Hi DC, we recommend registering for a strategy session with Anderson. Here is the link to schedule a free strategy session, bit.ly/3JbMhRP. Or you may call to speak with an advisor at our toll-free line, 800-706-4741.

[@wlryanperera37]

Great content

[@TobyMathis]

Thank you! We are glad you enjoyed it!

[@natalieneal8782]

Do you take calls from people who want your opinion on trusts and wills?

[@TobyMathis]

Hi Natalie, thank you for leaving your comment. You can request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. You can schedule it here! --------> aba.link/tobyss

[@superjeffstanton]

If he says "sure" one more time...

[@alann5003]

😂