I'm going to be starting an online store for my photography the first part of next year once I've finished saving enough cash to cover my annual expenses. This is just a side gig for some extra income for now, but your videos have formed a valuable portion of my research the last year or so. I've got almost everything nailed down, just need insurance quotes and to find an accountant to make sure I transfer assets and capital correctly. Thank you very much for the information you provide.
Good on you for correcting yourself. I was watching a few other YouTube videos on sole proprieter vs llc and all say form it now because it's a hassle to have to form one later.
Thankyou SOoooo much for this video. I've been pretty sure I wanted to get a LLC first thing but wasn't completely sure bc everyone kept saying you don't need it until yr making decent money.
When it is husband and wife, can we just use LLC or does it have to be LLP because of partnership?
This is very helpful. Thank you!
Hey Jim, Can you speak on the new 1099-K
Not yet but thinking of getting one bcuz I do want to create an online business. Want to sell Ecommerce and Etsy. Not sure thee type of designation I should select, I have an LLC for Healthcare Consulting but now I like to go into E-commerce.
I live in Massachusetts, if I file my LLC now and is it possible to make it effective from 1stJanuary??? Else can I make it sole proprietorship for 3 months and convert to LLC from jan1st?? Is it feasible
Can you provide multiple services with your llc
Hi from NYC , plan to have a E-commerce business at the end of this month . So do you advise form an LLC or S Corp ? And why ? Hope to read you soon.
Hello, thank you for this helpful information. LLC is the way to go. I'm in FL. I am trying to start an Airbnb with multiple dwelling. Is Airbnb considered a e-commerce? The classes that are offered online by the bnb gurus, are the legit? Please help
Yes, LLC.
So just found your page twenty minutes ago and this video is exactly the question I'm dealing with. I'm getting into making furniture and I'm not sure what the right step is. My plan is to sell at home shows and online sales. I just watched your after LLC set up video and you mentioned sole proprietor. Not sure where to start or what I can do. I'm in angier NC.
Do as I say, not as I do lol. Yes, LLC
I’m considering opening an LLC, currently no Revenue, my immediate concern is having to pay the $800 California tax next year and we are right around the corner… and I read the first year taxes for llc is waived due to The pandemic. Not sure if that’s true or not. Either I way, Is it ideal I wait till January 1st? This way I won’t have to pay that $800 until 2022…?
Nostalgiawave LLC
I saw your video about not starting an LLC, but I’m confused after watching this! I’m a photographer/videographer I don’t have consistent clients, I’m starting to get larger paying jobs and potential working with other businesses, should I wait?
@isbuniversity-forentrepren521