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Anyone created an LLC before? Walk me through it


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 2 months ago '17        #1
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Brother Sloan  topics gone triple plat - Number 1 spot x9
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Anyone created an LLC before? Walk me through it
 

 
Thanks in advance
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30 comments
 

 2 months ago '16        #2
BobbiHeadRagTop  topics gone triple plat - Number 1 spot x1
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What state you in plair
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 2 months ago '06        #3
LYTE 
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 Brother Sloan said
Thanks in advance
did you try LegalZoom???
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 2 months ago '17        #4
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 LYTE said
did you try LegalZoom???
Thinking about it but is that legit? Any downfalls to using them?

 2 months ago '06        #5
LYTE 
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 Brother Sloan said
Thinking about it but is that legit? Any downfalls to using them?
nah
they were official when i used them in 2012
they offered a lot of services
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 2 months ago '17        #6
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 LYTE said
nah
they were official when i used them in 2012
they offered a lot of services
Are you still using that LLC?

 2 months ago '06        #7
LYTE 
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 Brother Sloan said
Are you still using that LLC?
nope
i resigned from it
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 2 months ago '04        #8
Tastemaker331  topics gone triple plat - Number 1 spot x7
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Go to your state’s Secretary of State’l website and register
It’s a simple process. Just have to fill out some info and pay a fee
It’s not as hard as people make it seem

 LYTE said
did you try LegalZoom???
@
Don’t use LegalZoom!!!!!!!
You’ll be paying hundreds of bucks for something you can do your self


Last edited by Tastemaker331; 12-31-2019 at 08:51 PM..
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 2 months ago '05        #9
pnoi89 
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 Brother Sloan said
Thinking about it but is that legit? Any downfalls to using them?
Legit; yes. Downside? You're spending money on sh*t you can do yourself.
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 2 months ago '17        #10
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 pnoi89 said
Legit; yes. Downside? You're spending money on sh*t you can do yourself.
Thanks, bro
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 2 months ago '17        #11
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 pnoi89 said
Legit; yes. Downside? You're spending money on sh*t you can do yourself.
What’s a registered agent? And will the state website provide me an Ein and whatever else I need?
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 2 months ago '19        #12
crawlingtulip 
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 Brother Sloan said
Thanks, bro
What type of business is it
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 2 months ago '19        #13
LuxuriousGreen1 
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It’s simple...I have one for my Cannabis business...log online to your state register & follow the steps...google/YouTube it if you need help.
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 2 months ago '10        #14
FRESCO THE 13TH  topics gone triple plat - Number 1 spot x5
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Based on your state , find the llc website than pay and. Your in . You have to search the Tess search for the name you want to copyright in order to see if its available or not , if Tess search say no results that name or phrase is available
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 2 months ago '07        #15
airwaves  topics gone triple plat - Number 1 spot x1
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Cashapp me $500


Last edited by airwaves; 12-31-2019 at 11:43 PM..
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 2 months ago '11        #16
eliwood 
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 Brother Sloan said
What’s a registered agent? And will the state website provide me an Ein and whatever else I need?
A registered agent is someone you can pay to have receive your correspondence

You don't need one

For EIN you have to apply for one with the IRS
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 2 months ago '17        #17
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 eliwood said
A registered agent is someone you can pay to have receive your correspondence

You don't need one

For EIN you have to apply for one with the IRS
Thank you kindly
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 2 months ago '19        #18
crawlingtulip 
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 Brother Sloan said
Thank you kindly
You haven’t given enough info to accept that answer as fact. What type of business is it?

If you are acting as your own registered agent you need to be present and able to accept legal correspondence during your business hours in the event you get sued.
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 2 months ago '17        #19
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 crawlingtulip said
You haven’t given enough info to accept that answer as fact. What type of business is it?

If you are acting as your own registered agent you need to be present and able to accept legal correspondence during your business hours in the event you get sued.
Available by phone or in person?

 2 months ago '05        #20
pnoi89 
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 Brother Sloan said
Available by phone or in person?
Just available, in general. The registered agent just need to be contacted. For my LLC's (my investment properties), we are acting as the agents. *knock on wood*, nothing bad's happened to us yet, but we basically receive any notices, tax docs, etc. Then have a CPA take care of the tax returns each year.

As for my side hustles, I just file a schedule C and keep it at that, because I just act as a 1099 consultant. So as others put it, it really depends on what your business is and whether you need to establish an LLC or not, if an S-Corp is more suitable, etc.
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 2 months ago '19        #21
crawlingtulip 
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 Brother Sloan said
Available by phone or in person?
Both, they could come to the place of business to serve documents. What if you are on vacation,work,etc

Not trying to scare you or make you worry I just like providing as much info so you have a solid understanding. You can only get sued if you do something wild so if you are just getting started you have nothing to worry about, but like I said I would rather over explain than leave some details out for you.

Congrats on trying to set up an LLC good luck on your endeavors, post an update once you get everything situated
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 2 months ago '17        #22
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 pnoi89 said
Just available, in general. The registered agent just need to be contacted. For my LLC's (my investment properties), we are acting as the agents. *knock on wood*, nothing bad's happened to us yet, but we basically receive any notices, tax docs, etc. Then have a CPA take care of the tax returns each year.

As for my side hustles, I just file a schedule C and keep it at that, because I just act as a 1099 consultant. So as others put it, it really depends on what your business is and whether you need to establish an LLC or not, if an S-Corp is more suitable, etc.
How long have your LLCs been in business?

LLC has so many benefits, so definitely going that route. Thanks
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 2 months ago '17        #23
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 crawlingtulip said
Both, they could come to the place of business to serve documents. What if you are on vacation,work,etc

Not trying to scare you or make you worry I just like providing as much info so you have a solid understanding. You can only get sued if you do something wild so if you are just getting started you have nothing to worry about, but like I said I would rather over explain than leave some details out for you.

Congrats on trying to set up an LLC good luck on your endeavors, post an update once you get everything situated
Thanks for the knowledge, I’ll definitely update
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 1 month ago '17        #24
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 eliwood said
A registered agent is someone you can pay to have receive your correspondence

You don't need one

For EIN you have to apply for one with the IRS
Got everything taken care of but I misplaced my ein. How can I get it?
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 1 month ago '17        #25
Brother Sloan  topics gone triple plat - Number 1 spot x9 OP
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 pnoi89 said
Just available, in general. The registered agent just need to be contacted. For my LLC's (my investment properties), we are acting as the agents. *knock on wood*, nothing bad's happened to us yet, but we basically receive any notices, tax docs, etc. Then have a CPA take care of the tax returns each year.

As for my side hustles, I just file a schedule C and keep it at that, because I just act as a 1099 consultant. So as others put it, it really depends on what your business is and whether you need to establish an LLC or not, if an S-Corp is more suitable, etc.
See above question bro
+1   



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