Why Your LLC Needs a VIRTUAL Address!

[@s_hazard]

Thank you for this! Don’t forget that for those that move a lot, a virtual address keeps you from having to update everything every time you move

[@jbranche8024]

Additionally people who live outside the country can receive, scan, view, and make deposits.

[@karltondennis]

Good tip!

[@waynecmontgomery]

@@jbranche8024 Are You committing fraud again?

[@JPfreedom]

​@karltondennisofficial which company do you recommend for a virtual address?

[@DFergie722]

The Post Office provides free street addressing. Banks and other entities take it.

[@sazee2565]

I wanted to add if you reside in a different state from your LLC, you’ll need a brick and mortar location. I tried opening Chase business account in that state but since my primary residence was out of state, they denied me. I did regus ipostal they looked the addresses up ( I went in branch). They refuse virtual addresses. I had two options brick n mortar or file as foreign LLC

[@jtsallden9381]

I mean, yeah, you still have to register your business as foreign unless you're making one in CO.

[@maronnevilsaint6932]

Ok so if I do reside in the state I’m conducting business in is it okay to use a virtual address as the physical location and mail address? Or just mailing address?

[@SatyaSanathani]

This was a great video with tons of information. Thank you Karlton. I am "thinking" of starting a business with LLC first. I was planning to use my home address as the business address. I never knew about the virtual address.

[@kingcoreyspacetraveler3771]

A virtual address doesn't allow a person to get into the SBA government contracting system and many SBA programs

[@Thenewguyyyy]

The transparency I was looking! I will try to do some research for myself on this comment, but if you like to share any useful information regarding this I would greatly appreciate it. Also what is your recommendation for an at home business???

[@EyeBDaMD]

One word, privacy.

[@troymorris123456789]

This is true but not entirely. As someone who is in government contracting I can say that you can have a virtual address but depending on the service you use, you will need to able to get a lease agreement that you can show as “proof of residency”. It’s not exactly that simple but it can be done whilst being compliant.

[@jdl1989]

Big fact on the government contracts what is one to do if they want to start a home based business an want to get into government contracting an cant use virtual offices or po boxes an primary llc address

[@PeNnIeSnIcKleSnDiMeS]

Thank you for sharing this valuable information because all the people who have been telling people to stop their own businesses but none of them bothered 😕 to share this important piece of information this is extremely helpful thank you for your professionalism I have deleted alot of people that I was following for my business for 2 years I used my personal address because of the information that was given to a lot of people jumping into their own businesses in the last 3 years I believe what I was told now I have to start over please keep educating people I had to learn the hard way but once I learn I pass the knowledge to others alot of people are so greedy and stingy they don’t wanna share their knowledge with others but the universe is taking names and I promise all my hard work 😓 and suffering will pay off

[@turnerstransport2ify]

Can’t you use the physical address of the post office but use a PO Box as well

[@robhill8894]

Google will not allow you to use virtual addresses unless at least one employee is physically at that address during business hours. I looked into this because my home, for my home based business is about 10 miles or so on the outskirts of the area I service, (home appliance repair). I was trying to get my business address in the middle of my service area to get better results on a Google search. If I change my address, I'll have to reverify my address again, which ended being me having a video conference showing them my "store front" which was my home, but that won't work for a virtual address.

[@jamaicannina]

I don't have my business address listed on google. Although I bought my virtual address after the fact (LLC was originally at my home address) I still never listed the address with google. I only have a service area selected. You don't really need to change it again, maybe expand your service area? My business is a mobile business as well (a mobile notary business). I do not have a store front.

[@Sicarus115]

Great video, Carlton one thing to note not every virtual office provider report to credit bureaus also not every provider lists your phone number and business address, and the 411 registry which is paramount when obtaining business credit

[@alessandro4337]

Why would a virtual report to the credit Bureaus? That’s not what a virtual office does for your business

[@juamadafields1215]

well which virtual companies cover all bases?

[@businessman360]

I have one. Some banks will try to stop you from using virtual office just fill it out application online

[@deniawiseone95]

Good idea l was thinking about that

[@nadiava1553]

Wonderful information and definitely true. Its not fear mongering... its facts!

[@miguelrivera5128]

i have a virtual address but ran into an issue with my bank CHASE, they don’t like virtual addresses and had to change it back to my home address. Anyone know?

[@Affiliates-Corners]

Any recommendations on virtual address providers?

[@izamalcadosa2951]

I thought about establishing a Virtual LLC Address, looked at the pros and cons, and I decided to use a real, physical address, which is my well-secured Condo out here in LA, instead. I feel it will make it seem more legit and professional! If I need a Virtual Address provider, then I will!

[@TvHostAndy]

Another great video per usual. Do you have a video/link where you recommend the best companies to use for Virtual Address?

[@travelknighterrant]

Thanks Karlton. Already formed my LLC using my home address, better late than never though. Great tip there, I will file an amendment & resend if to the Secretary of State. I did have Tailor Brands help me set this up, they may have offered that I buy a virtual address, somehow I cannot remember if they did. Just something to think about for you guys/gals out there who plan on hiring those easy business set-up companies.

[@Wacho.managing]

Incfile is good

[@nehemiahnarzary8399]

Hi @travelknighterrant, I also did set up my LLC with tailor brands. I filed my sales tax permit from the state of South Carolina, have a physical address from South Carolina and I was curious what all necessary things that I’ll have to do in case if I move my Online retail store from SC to other state. I don’t want to file for foreign LLC as I’ll have to pay taxes on both states nor I don’t want to dissolve the existing LLC, fearing of a gap of not having the business running and might have a huge impact on customer relation and order fulfillment. I hope I can register in other state without having to reset everything including my business bank account.

[@kennygsmooth83]

@travelknighterrant, I did the same thing. Were you able to get a virtual address and change it for your LLC? If so, how did it go?

[@JunzAsson-dp5bg]

ME to so I got to switch it

[@DaTrUtH969]

I appreciate all the great content. I plan on making my llc next week so this was perfect timing ❤

[@princessmarlena1359]

“Yeeeeeeaaaah, In gonna need you to come into work on Saturday.” ☕️

[@Panicmicelf]

I commented on another video of yours about developing a defi llc. This answers some of those questions and make me feel like my idea is more feasible. Thanks again

[@maverikregime9888]

In Delaware (where i want to establish my Virtual Address) they require a physical address AND someone to occupy at said business address from the hours of 9am to 5pm on business days. Will I still be good if I list myself and just do Message Forwarding????

[@RufusHuffEl]

Great question? Anyone, can you give input?

[@allblacc82]

Wow just did this yesterday the long way lol then you post everything I learned in 4 days in less then 20 min lol

[@Whatever0704]

What about security. If they open and scan documents with SSN and Bank info??

[@Amp424]

Great video love what you do ! I have a question regarding the virtual adress for your business . If you obtain one are you still eligible to recieve the home office taxe deductions from the IRS? Hope this is a viable question I'm new on the tax journey.

[@HeavenlyHugsHolyKisses]

I hope he answers good question!

[@yeisonvelasco3029]

Excellent question !!! I was thinking about it too.

[@deniawiseone95]

​@@HeavenlyHugsHolyKissesyes

[@jtsallden9381]

After watching this. is a virtual address with a street address with suite #. Plus, with a PMB # Okay to use?

[@majamoore6209]

Thanks for this video. It came just in time. I was just trying to register my LLC 3 days ago and was uncomfortable with using my home address. So, I did not finalize my LLC. Now, with this information, I can go ahead and get it going. In forming an LLC, can I use myself as the registered agent and use this virtual office address?

[@sebastianriveracoach]

Did you get any answers on this?

[@thatssierrababi7390]

Idk the rules and regulations in other states but in ga your original business formation stays there so if you would have listed your home address it would stay in that public file of business history but then it would show you did an amendment to a new address such as a virtual. Even if your were to terminate an LLC it stays in the system for public viewing for 5 years. That’s if you wanted to close that registration and start a new with the correct way of doing things. They do have a status correction of some sort that could work in this situation but it’s a good thing you waited

[@thatssierrababi7390]

Yes you can list yourself as the registered agent but it’s best to also stay anonymous or private. Register in another state that’s anonymous then register in your state . Use a virtual address for both.

[@mrmrsrinkydink5891]

Thanks Karlton. I needed this video to clarify the points you highlighted.

[@mskinetik]

I'm learning so much from you. Thanks for expanding my mind..A LOT.

[@elytraxp]

Your videos are so helpful. Thank you for all you do!

[@christianhelwig]

If your business is registered in your town, doesn't your virtual address have to match the town? Meaning, if my registered place of business is in Hartford, CT, my physical "virtual address" must be in Hartford, CT. Otherwise I have to register my business in the town my virtual address is in.

[@nehemiahnarzary8399]

Hi, I did set up my LLC with tailor brands. I filed my sales tax permit from the state of South Carolina, have a physical address from South Carolina and I was curious what all necessary things that I’ll have to do in case if I move my Online retail store from SC to other state. I don’t want to file for foreign LLC as I’ll have to pay taxes on both states nor I don’t want to dissolve the existing LLC, fearing of a gap of not having the business running and might have a huge impact on customer relation and order fulfillment. I hope I can register in other state without having to reset everything including my business bank account.

[@Elie_Merisier]

Hi, Question: I use a registered agent service and they allow me to use their Physical address as my business address. How does this compare to the eye of Lenders or Credit Issuers when it comes to fund ability?

[@jonathansoto7893]

Is it safe to open your business bank account with the virtual address?

[@xxlyrics1xx368]

In the state of Illinois it is required to use a physical address… they stopped allowing virtual addresses. So I guess I have no choice but to use my home address 😢

[@storiesthatwarmtheheart]

Hello Karlton, with setting up a virtual address how do you now handle using your home as your office so that you can write off that space or qualify for a home office deduction? Will that not be a conflict?

[@bradadamczak9032]

Little much on the fear mongering. All the other videos been absolutely awesome and full of inspiration

[@kensebben1]

this, so much this.

[@diego.santos]

Such an amazing video, will be getting one shortly for my business. Thanks for the great info!

[@erey2748]

Sir Dennis just wanna say I love you bro thank you for the clarity and comprehension of the business fundamentals!!!!

[@Meli27w]

virtual address has been nothing but problems gettting business accounts! everything has to match & no one accepts virtual boxes! biz bank acct etc. a video about this issue would be cool. Changing LLC virtual address to get approved and them change it back? idk but my LLC has to match addresses & they dont take virtual.

[@KING_133]

Great vid! What about having a home office and get the rent deducted? Is that possible to with a virtual address?

[@jasminewilliams5]

Can you still write off office space and office furniture in your home if have a virtual address for your business??

[@lesliejuarez3829]

This was an amazing video! Very informative! I just wish there were recommendations.

[@sondrad8163]

Thank you, this is something I need but didn’t know I needed.

[@nutramicoro643]

I have a home business LLC in my home, and able to claim one room as my office. Planning to move out of the state, but I want to rent an apartment for 6-12 months. I would like to know if I still will be able to claim one bedroom of the apartment as an office in my next taxes, and I will be considering the virtual address soon, but also I need a space in my place for work.

[@jamaicannina]

My accountant did that for my home business. He told me as long as that room is used solely for the business. I am not sure how that will work now that I have a virtual address though.

[@AprendeAhora1]

@@jamaicannina Thanks

[@moto_wend7172]

Just the information I was looking for. Thx! QQ: can i write-off home office expenses if my business is registered with a virtual address?

[@DreamWevr]

Can you use a virtual address to apply for a business license

[@flair4crafts894]

So after you buy the virutal address, what. How do you go about obtaining a business license? What are the next steps in the process?

[@RobbyGoodwin]

If I have a virtual office and run my business out of a spare room in my home, shouldn’t I put my home addresses on my taxes since I’m using the room in my home square footage to determine my deductions? Thanks

[@AbiaHashmi-w5g]

Thanks you!! This was helpful! I'm about to setup a PLLC, and needed the info!

[@TheCreativeDad]

OMG going through hell right now lol. Setup my llc in the wrong sic code, and industry, now im changing everything over, changing the Industry Address, Name and Business Number. i was told that id lose my History but i have no choice. smfh annoyed

[@horsemen601]

can more than one business be linked to same virtual address?

[@bayarearob]

This was actually good info. I wish the reviews for your company were a little better so I could try it out. Thank you for sharing this. I thought you were going to say go to the ups store and get a suite number lol

[@waynecmontgomery]

It also helps when the feds show up with a search warrant and an arrest warrant.

[@tammi67able]

Danggggg

[@arielleedwards7163]

what about salon suite owners do you recommend putting the location of the suite for still having the virtual address?

[@The1reid1]

That being said, what is a good site to go to to get a virtual address?

[@olutolaopeoluwa8654]

Can a virtual address be use for multiple businesses?

[@lorettastreet1192]

Can you use the address of the post office where your PO Box is located as a virtual address?

[@teresajones9474]

Hi. I registered my LLC thru legal zoom. I subscribed to their virtual address but used myself as the registered agent. Secretary of State (Texas) told me I couldn’t use my virtual business address for this purpose only. My physical address has to be there this is for like serving me something etc. I even asked if I could change and go with an actual registered agency and use that address they said no. How can I fix this issue? I spoke to a few representatives on this matter. I have the virtual business address listed but on the registered agent is my personal which is public information.

[@SirBlank]

if at one point I have 2 LLC's, can they have the same virtual address?

[@Classy416]

Love you videos! Very informative! I have one question ? Does my virtual address have to be in the same state that my actual business resides ?

[@toddletrails1016]

I live in Alaska, and not in the ONE city that virtual addresses are available in. I will be starting a business in which I am basically doing mobile/onsite work and really want to maintain privacy regarding my home address. Would you suggest I just use the virtual address in a different city? Even though it's a three hour drive, 40 minute plane ride away?I have three choices, iPostal, Bizee.... never mind, I have to two choice lol. iPostal has two virtual address options and Bizee has one virtual address option.

[@ivettesanchez7947]

Now that I have my virtual address/office and I’m applying for a sellers permit what donI put on the question.. is my business based from home ..do I put yes or no being that I am but I’m using a virtual address…oh btw I have a dba and an ein not an LLC

[@gilbertarellano1444]

If I have a virtual address, then I can't deduct my home address, right?

[@binu1547]

How about an S-Corp? Does this apply?

[@jjheman]

yes

[@aao449]

Anybody can google your name and find all sorts of “public” info on you. I’ve done it on myself. It was unsettling how much private info was available with a simple search.😳👀😬😭🥴

[@splatterdaynightmares]

it’s shocking how much fake info is n there too

[@Eaglehorse1992]

Yooo! This is amazing for the fact that it could help set up an LLC in another state. If I don’t live in this state say Wyoming or Florida and I got a virtual address there would I be able to save on Tax benefits? I heard getting the benefits works only if I live there personally. I know you might not reply to this but it would mean the world if you could I’m sure this would be a gem for so many people listening if that would help with tax benefits ‼️‼️

[@reimourrpower9357]

Thiwas SO informative, thanks so much. Still subscribed and following.

[@marcp3266]

can i transfer my LLC from home base office to a virtual office in Nevada? because is more tax friendly .

[@KhloesCreations]

Hey. Do I still need a virtual address if I have a registered agent’s address listed ?

[@2cleeng]

Welp I live and I learn lol guess I’ll be changing some addresses soon enough 🤷🏾‍♂️🤦🏾‍♂️ especially since I have majority of this established already.

[@ChoppyJames]

Can you use a virtual address on your Google business profile?

[@alonsocastellon9065]

great information, thanks !

[@nesiemack5919]

Karlton, can I open a business account with a virtual address? Some banks require proof of lease and utility bill

[@happyreality244]

I have to look for one, cause the peole at ipostal set you up with staples, and they are Rude at the staple locations. Not using ipostal no more

[@drzytrade]

What about jobs like mobile car technicians, hvac techs, electricians?

[@z.realb.onthelookoutforthe2860]

As always, very Diligent video. very informative.

[@juneyang-8263]

Can your virtual business address be in a different state?

[@PrincessCoira]

Karlton! How does it work if you are a US citizen but currently in Europe, would you recommend still registering for a US virtual address, or should I look into an EU one? (How do taxes then work?) Thank you for your videos!! 💌

[@kurtjohnson8378]

when you get a virtual address do you need to have your business vehicle insure with new address and what about your workers comp would you provide them this new address

[@erey2748]

Can amendments be made to Dba filings with one’s local county???

[@syncereIGreviews]

If i made my shipping address different on my llc .. How would I change that information?

[@happyreality244]

Thanks really great tips. Interested in your course for tax

[@Braidsandbeauty]

Is virtual address good for hair braiding business ?

[@ferassaffar3825]

Thank you!

[@maverikregime9888]

was JUST looking into this TY!

[@tigerboyz2505]

How long after I set up my virtual address and do I have to comply with USPS form 1583? Im being told I need to show 2 forms of photo ID so now I need to get a passport which can take awhile to get

[@bubblechaser5369]

Interesting and great points

[@bettymorales6351]

If I decide to have a notary and wellness business that in cases I will provide services in my residence and you put your virtual address on your site and google profile? How you go about telling clients that's not the exact physical address they will see me.

[@Jack-iw7ds]

Does the virtual address have to be in the same state as ur regular business address. That’s probably a stupid question

[@Jonathan-journey]

No it can be in a different state, you’ll just have to file taxes from that address/state you get with the virtual address from. I MAY BE WRONG but that’s what I understood from the video. Way to pay less taxes depending on the state you decide & their state tax while having privacy from your personal life

[@carlybazile462]

Thank you Kartlton!!

[@Chesca99]

Amazing breakdown!!

[@parris8401]

Question... does the address have to be set within the same state that you live?? If not, then are you fiing taxes in both states??

[@KingB_ALord]

ur answering all the question nice

[@ShotbyFlash]

Do you have to set up the virtual address before you file the LLC ?

[@deniawiseone95]

It's best because the LLC paperwork will have the area where it will ask you for your business/principle address. It may get rejected if you skip that part. Get the address established first.

[@karlene1897]

The banks are catching on on those virtual addresses and holding the accounts.

[@macmilly8785]

Explained well. 💯

[@okiepokie2700]

I live in a small town and the only virtual address near me is at a staples and they don't have offices so would that work

[@shansdesigns]

No but it doesn’t have to be in your home town can be near by

[@jjheman]

look into "ipostal1" or "regus"

[@RufusHuffEl]

The problem with Virtual Address businesses, the reputable ones charge too much, the others give poor services. I will not name names, but have read customer reviews, or some of these services have stolen their mail or packages. If anyone can suggest a great virtue address, service at a very reasonable price, I’m all ears.

[@PAGbyFire]

Factsss

[@federico-donatone]

Found anything after 4 months ?

[@duro123]

Can't open bank accounts with virtual address. Banks don't allow it

[@rashanagibson1591]

Not true I have one, talk to another rep

[@tammi67able]

Not true at all, chase and Bof a

[@deecami626]

U the man bro respect

[@diskohaze6155]

Thank you!