This should be a course taught in high school and university, entity structuring and asset protection. I first heard of this concept after reading a book by Wade Cook "Wall Street Money Machine". At the end of the book he had a brief chapter showing the schematics of multiple entity structuring. And Ted Tesser who wrote " A trader's guide to taxes.
Thank you for creating this video Mr. Hart. I am currently researching how to properly create an LLC for my small business. I really appreciate how you laid out the initial steps. I will definitely follow your advice. I will also be checking out your other videos in order to understand the rest of the process. Thanks again! Lois
Thanks so much! I spoke with an entertainment lawyer friend here in Los Angeles about producing my own short film in the next few months, and his number one mandate to me was to create an LLC. So, here I am doing all my research on the YT today. Thanks so much for making it really easy to understand.
Hey, I am also trying to create an LLC but noticed that we are both viewing a video from 3 years ago. You commented here a month ago so I'm very curious on your progress, if everything told to us through this channel still holds true 3 years later, and if you wish you'd learned something more during this last month.
So they can stay in control. Paying to go to college when they already taught us the same bs for free in high school is also a way of controlling us via debt. College with be revealed to be a scam soon.
Yes this makes sense thank you for interacting it makes it very easy to learn. You are fantastic at making it feel like your actually helping me as the viewer. Thank you.
Hey Jim I just found your video after doing a search count on my best friend and I decided to open a short term rental business of our own as an LLC, right now we’re just in the planning stages so your video is extremely informational and educational. I’m going to check out more of your videos, you seem like a very knowledgeable and friendly guy, appreciate the video and will check out more of your contact
I am from Aotearoa (New Zealand) on the other side of the earth, near the Tasman sea and Pacific ocean. This information is very important, so thank you. I need to share this to whanau (family) and friends in my country, community and neighborhood 💯👍
You’re awesome dude I’m a pro painter that’s starting an llc both in Fl and in NC. I have a feeling that I’m gonna meet you and hire you in NC in the near future 🤷🏼♂️ I prayed and this came up bro 🤷🏼♂️
Thank you for this info! I needed a few more pointers. Not only did you hit on what I was looking for but you also taught me something else in the process!
You're freaking cool!!!! Thanks for the info! I just started my own business, an auto body shop and an auto sales dealer and have all these documents but I needed to understand more about this, it's complicated but you just made it so easy!
Write my broker Robert Larry david on what sapp to make great Rlo in BTc his currently handling my crypto for me and his making me huge profit turning 2 BTc into 4 BTc in 9 days and making me $400,000 weekly by putting $50,000 indeed amazed ✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️ ✔️✔️✔️✔️✔️✔️✔️✔️ (+44) 7 4 4 1 4. 6 0 4 3 2 ✉️✉️
Write my broker Robert Larry david on what sapp to make great Rlo in BTc his currently handling my crypto for me and his making me huge profit turning 2 BTc into 4 BTc in 9 days and making me $400,000 weekly by putting $50,000 indeed amazed ✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️ ✔️✔️✔️✔️✔️✔️✔️✔️ (+44) 7 4 4 1 4. 6 0 4 3 2 ✉️✉️
Thank you for this. I made a mistake during my first year as a business owner. Now I’m making sure to never make these little small mistakes going forward.
I am a foreign national and I am teaming up with a US national to form a LLC. We have done our research, but I'd like to confirm the different steps I personally have to take before I become a LLC partner. Thank you!
Can you please do a video explaining whether it’s a good idea to create one LLC for different business...example apparel, hair care. Is it smart to make an LLC for each or just one for all of them?
Thanks for the advice Hawthorne Law! My question is: As a current resident of NC, I would like to go ahead and create my business LLC. I would like to go ahead and establish the business and start earning income off of it, while also building a resume for the business. However, I plan on moving in the future depending on where my career takes me. In doing so, I would like to bring my LLC with me and establish it in the next state on a grander business scale. Would I need to re-register my LLC again in whatever state it is that I move to? Thanks for the advice! Great Video
Awesome vid. Simplified for me! Quick question, if I haven’t chosen the location yet, can I still file for the LLC and then fill out the operating agreement later on? Like what is the time frame I have between filing for LLC and completing the operating agreement?
Hey sooo for “operating agreements” at around min 4 of the video.. my question is, could you update the agreements later on? Or whatever agreements you start with is what you have to stick to ? ... i mainly ask that because i have no clue on what percentage i would pay myself vs go back into the company..
Is there a checklist for LLC? I know the following: Operation Agreement, Business Bank a/c, a minimum tax of $800 in CA at this moment even if the business did not make any money that year, statement of interest within 90 days of filing, fund business a/c... did I miss something? Does the business need to get health insurance for the owner, if there are no employees yet or works with vendor contractors only? what about bookkeeping? does the business need to hire an accountant or can an owner do it in a spreadsheet? If LLC works with independent or vendor contractors, does the LLC need to set up payroll?
Great video. Can my llc own another llc that have a partner. Example: I own a llc but want to partner with somebody on a venture. I would not like to give stock in my holding company because I own a free llc that bring income. Can me and the partners open an llc but my portion is held by my umbrella company and all my earnings get sent to the Og llc. Thanks in advance
Brandon Muniz yes there is a legitimate way to establish an online business overseas. For example, bare performance nutrition created a supplement company overseas. Look into his story and see what you can apply to your situation.
Hi, I had simple question about driving for Uber or Lyft. Can you form an LLC and still keep your car titled and registered in your personal name? Thanks
Thank you for watching! When you are ready to form your LLC, click here to use my preferred vendor: hawthornlaw.net/incorporate (affiliate)
Hello Jim, do provide service to for individual to set-up a business or a class or coaching. I need guidance
Do the video. After registering Llc how to insurance it
Great info thanks!
Jim, I'm a single parent mom I didn't know what to do until this video. Thank you so much. This is good info. 🙏🏾♥️
Glad it was helpful!
This the million dollar worth of game, I needed. I Appreciate you.
This should be a course taught in high school and university, entity structuring and asset protection.
I first heard of this concept after reading a book by Wade Cook "Wall Street Money Machine". At the end of the book he had a brief chapter showing the schematics of multiple entity structuring. And Ted Tesser who wrote " A trader's guide to taxes.
“I like when people like.”😄 Liked.
"Something Cool."
Something Cool
@@jasonodom9277 “Something Cool”
“I get what you’re saying so far”
Something cool
Something cool 😎
Thank you for creating this video Mr. Hart. I am currently researching how to properly create an LLC for my small business. I really appreciate how you laid out the initial steps. I will definitely follow your advice. I will also be checking out your other videos in order to understand the rest of the process. Thanks again! Lois
Best of luck!
Thank you sir as a contractor and sole owner. In California need to be 💯 on point
You are welcome!
Thanks so much! I spoke with an entertainment lawyer friend here in Los Angeles about producing my own short film in the next few months, and his number one mandate to me was to create an LLC. So, here I am doing all my research on the YT today. Thanks so much for making it really easy to understand.
Hey, I am also trying to create an LLC but noticed that we are both viewing a video from 3 years ago. You commented here a month ago so I'm very curious on your progress, if everything told to us through this channel still holds true 3 years later, and if you wish you'd learned something more during this last month.
why didn’t they teach any of this in high school 😓 ty for the information
So they can stay in control. Paying to go to college when they already taught us the same bs for free in high school is also a way of controlling us via debt. College with be revealed to be a scam soon.
Facts 💯
@@calivette2020 big 📠
I was having the same idea.
yeah fuck school, it doesn’t teach us shit
"If you wanna stay alive, stay with me." I get it so far.
I’m 20 yrs old looking to take my 1st steps in having my own business this video helped a lot thank you and wish me luck , god bless 🙏🏽
Have the hustle, the drive, make it your priority
Hey bud how are things going? I’ve just started my own business. And so far so good plus it my passion.
Jim, you’re hysterical. I love your content. Filing for my LLC today! ❤
I appreciate the free game💪🏾💪🏾
Do you know about bitcoin
💯
Thanks for the info. Good luck all.
Articles of organization. Operating agreement. Got it
Trying to start my own llc in Pa and im lost when it comes to this stuff but im trying to learn it. I appreciate this video.
Glad to help
Thank You for the information! Very helpful as I start my Personal Training business. A little overwhelming, but helpful...Thanks!
No problem! Good luck with the biz!
something cool! 1st video in my journey of starting a business
This is “Something Cool”, I’m gonna watch every video that you post!!!
Do it!
here in 2022, this information is still being used! thank you sir
I love your sense of humor. Thank you so much for sharing your knowledge!
So I was here on an LLC info sesh, and then I was like ohh snap… your me if I had stayed in school! F**kin genius solving some problems for people!
Straight and to the point. Perfect video
Something Cool!
I get what you are saying!
Thank You!
Yes this makes sense thank you for interacting it makes it very easy to learn. You are fantastic at making it feel like your actually helping me as the viewer. Thank you.
I want to start a landscaping company, thank you this helps!
Straight and to the point
Many thanks for sharing this knowledge with us all to find success.
Very clear and helpful, thank you!
You're very welcome!
Hey Jim I just found your video after doing a search count on my best friend and I decided to open a short term rental business of our own as an LLC, right now we’re just in the planning stages so your video is extremely informational and educational. I’m going to check out more of your videos, you seem like a very knowledgeable and friendly guy, appreciate the video and will check out more of your contact
Thanks buddy! I wish I could get you to do my LLC I AM STILL LOST🤦🏿♂️🤦🏿♂️🤦🏿♂️
I am from Aotearoa (New Zealand) on the other side of the earth, near the Tasman sea and Pacific ocean. This information is very important, so thank you. I need to share this to whanau (family) and friends in my country, community and neighborhood 💯👍
“Something cool,” per your request :P
Thanks for sharing this video. Helpful stuff!
You’re awesome dude
I’m a pro painter that’s starting an llc both in Fl and in NC.
I have a feeling that I’m gonna meet you and hire you in NC in the near future 🤷🏼♂️
I prayed and this came up bro 🤷🏼♂️
Good luck getting your business going!
Thank you for this info! I needed a few more pointers. Not only did you hit on what I was looking for but you also taught me something else in the process!
Whoa... over a thousand years in the past and this still applies! Like if you are from the year 1018!
HAHAHAHAHAHA
You're freaking cool!!!! Thanks for the info! I just started my own business, an auto body shop and an auto sales dealer and have all these documents but I needed to understand more about this, it's complicated but you just made it so easy!
Hi give me a job😘
Good luck on your business ventures!
WHEW‼️ After coming across this great video, I just filed my 2024 Annual Report for Maryland.😅
"Bell thingy" got it. 😂👍
That's the scientific term...
Write my broker Robert Larry david on what sapp to make great Rlo in BTc his currently handling my crypto for me and his making me huge profit turning 2 BTc into 4 BTc in 9 days and making me $400,000 weekly by putting $50,000 indeed amazed
✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️ ✔️✔️✔️✔️✔️✔️✔️✔️
(+44) 7 4 4 1 4. 6 0 4 3 2 ✉️✉️
Write my broker Robert Larry david on what sapp to make great Rlo in BTc his currently handling my crypto for me and his making me huge profit turning 2 BTc into 4 BTc in 9 days and making me $400,000 weekly by putting $50,000 indeed amazed
✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️✔️ ✔️✔️✔️✔️✔️✔️✔️✔️
(+44) 7 4 4 1 4. 6 0 4 3 2 ✉️✉️
@@jimhart hahahha... love that ... I need to get this course... 😅🥰
I’m trying to start a business right now this is great
I definitely need to get a LLC soon
That intro beat tho!!! 🎶
Facts I was like ok ok !!!!👍🏽👍🏽
Thank you so much for this information! I've been so confused trying to learn and have a sole proprieter business
I love your sense of humor, thanks for the info. and God Bless. Keep having fun cause we don’t live forever🤪.
Peace Grand Risings Mr. Hart I just wanted to thank you for this information it was very helpful. Have a safe and prosperous day Peace✌️
something cool! I appreciate the info your sharing - thanks
Jim great video, thank you so much!
You are welcome!
This was a genuine video man lol the energy was great!!
I’m barley starting out trying to gather as much research n that was very helpful
Your videos are great, thanks for the time and effort you put into your videos. Subscribed and excited to watch more! 😁
Just starting out in real estate investing, thank-you for the videos. Forming a llc in 2 weeks
Thanks for this great video!!! very helpful :)
I really liked this video!! I’ve been seeking help for months and this was explained in the simplest way. Finally I understand! THANK YOU
I want to start like a van business. moving cargo, people transport, ... I see how much they can make. No more layoffs for me.
How’s it going? Did you start things up yet
@@anandpatel1074 No. The insurance was too high. If i do anything, it will be a ride-share without all the hassle.
Thank you for this. I made a mistake during my first year as a business owner. Now I’m making sure to never make these little small mistakes going forward.
CTFU WHEN YOU SIPPED YOUR TEA HILARIOUS!! SHOWED CHARACTER!!🤣🤣 GOOD EXPLANATIONS
Weeeee thanks for the road map. Appreciate it.
Something cool. 👍love this llc stuff.
Who doesn't?
my business is 3 months up and running and turning a profit. thank you for making it so easy ( in TN at least lol)
I am a foreign national and I am teaming up with a US national to form a LLC. We have done our research, but I'd like to confirm the different steps I personally have to take before I become a LLC partner. Thank you!
Thank you sir! Thankful to have people like you just sharing information on building your self up! Much appreciated!
Love these videos, very relevant! You should start a patreon so we can contribute to your efforts!
Thank you! I appreciate it! Here's a link to my Patreon Page, I'm not very good at promoting it... www.patreon.com/hawthornlaw
I hear ya man! Im doing it!
Very helpful ... thank you!!!
Damn he just answered my question while I was typing my question!!! Well fucking done 👍
Yeah you're gonna go far with that mouth.
@@ericb5194 your right Thankyou
@@ericb5194 oh like you've never cussed before! Shut the HELL up😤
Something cool...this is definitely something cool man thank you very much!
Can you please do a video explaining whether it’s a good idea to create one LLC for different business...example apparel, hair care. Is it smart to make an LLC for each or just one for all of them?
great question. I'm waiting for the answer too
Thank you brother...
Thanks for the advice Hawthorne Law! My question is: As a current resident of NC, I would like to go ahead and create my business LLC. I would like to go ahead and establish the business and start earning income off of it, while also building a resume for the business. However, I plan on moving in the future depending on where my career takes me. In doing so, I would like to bring my LLC with me and establish it in the next state on a grander business scale. Would I need to re-register my LLC again in whatever state it is that I move to? Thanks for the advice! Great Video
something cool, awesome simplified and informative video.
can you do a video on creating a llc while a stock broker and paying yourself? im a little lost?///im in Fl by the way.
“Something cool” Thanks!
Thanks for this info, super helpful!
Thank you for the info and your time making the video.
Do you need an operating agreement when it’s an online business and you are the only employee and will be the only employee?
That’s the question I have too
Very big help. Thank you so much
You are so welcome!
Hey I am starting an Llc and have questions. Is there a consultation that can be arranged online or phone ? Thanks
For the knowledge this man shares, the least to do is put a thumbs up and suscribe literally 👍👍
Awesome vid. Simplified for me! Quick question, if I haven’t chosen the location yet, can I still file for the LLC and then fill out the operating agreement later on? Like what is the time frame I have between filing for LLC and completing the operating agreement?
Thank you so so much this was so helpful!!!!!!!!!!!
Hey sooo for “operating agreements” at around min 4 of the video.. my question is, could you update the agreements later on? Or whatever agreements you start with is what you have to stick to ? ... i mainly ask that because i have no clue on what percentage i would pay myself vs go back into the company..
this question is why i am here..
Thank you for the help.
Happy to help
For active duty service members who are constantly moving, is an LLC filed in their home state for a home based business the best route?
Need to know this as well
Your information is awesome. We really appreciate it. But that beat drop... that's what made me subscribe 👌
i was like he just dropped a banger.
Can an individual set up LLC without having a business??
I think so.
dumbass... a llc is a business a limited liablity company
Something cool, that’s fine!
Is there a checklist for LLC? I know the following: Operation Agreement, Business Bank a/c, a minimum tax of $800 in CA at this moment even if the business did not make any money that year, statement of interest within 90 days of filing, fund business a/c... did I miss something? Does the business need to get health insurance for the owner, if there are no employees yet or works with vendor contractors only? what about bookkeeping? does the business need to hire an accountant or can an owner do it in a spreadsheet?
If LLC works with independent or vendor contractors, does the LLC need to set up payroll?
Sounds like you need to do more research then expecting all your learning here take what you can and do the work to find the answers
Thank you for this video! It's helped me so much with the legal aspects of forming my LLC
Great video. Can my llc own another llc that have a partner. Example: I own a llc but want to partner with somebody on a venture. I would not like to give stock in my holding company because I own a free llc that bring income. Can me and the partners open an llc but my portion is held by my umbrella company and all my earnings get sent to the Og llc. Thanks in advance
Can't answer legal questions in the comments, but this is a great idea for a future video.
Your voice is so good to hear
where do we file the updated paperwork every year?
Same question I asked??
Great video 4 years later
wouldnt it be cool to sell a company you start.
You are amazing! Thank you so much for the help, I really was lost, thanks to you, much better now!! PEACE FOR YOU TO!!!
You are very welcome! I'm glad it was helpful!
Very thankful for your information. It’s a great help
How do I create an LLC as a military member stationed overseas? Is there even a way to legitimately create an online business overseas? Thank you
Brandon Muniz yes there is a legitimate way to establish an online business overseas. For example, bare performance nutrition created a supplement company overseas. Look into his story and see what you can apply to your situation.
@@haulingyoutube8559 thank you! I'll look into that
Thank You for Informative Information
So nice of you
Hi, I had simple question about driving for Uber or Lyft. Can you form an LLC and still keep your car titled and registered in your personal name?
Thanks
Let me think about that - could be a great topic for a future video.
@@jimhart yah
Thank you for answering all of my questions! 😁 I appreciate your videos and your humor! God bless! ❤️🙏💯
Thanks for all your help.