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.
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 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!
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
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?
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
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 🤷🏼♂️
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 💯👍
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!
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..
Thank you! Just starting an LLC and glad i clicked on your video. Subscribed and look forward to watching other videos to get me started with my new business!!
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?
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.
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
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?
Hi there! Thank YOUUUU! I appreciate ethics information sooo very much! I am thinking of moving in a different direction now that I have my Masters Degree! I’ve had this in mind before having my Masters and it will come to fruition very soon! Ty so much!
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
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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 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.
"Something Cool."
Something Cool
@@jasonodom9277 “Something Cool”
“I get what you’re saying so far”
Something cool
Something cool 😎
This the million dollar worth of game, I needed. I Appreciate you.
Jim, you’re hysterical. I love your content. Filing for my LLC today! ❤
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!
"If you wanna stay alive, stay with me." I get it so far.
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 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.
“I like when people like.”😄 Liked.
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.
I appreciate the free game💪🏾💪🏾
Do you know about bitcoin
💯
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!
Thanks for the info. Good luck all.
Articles of organization. Operating agreement. Got it
Great info - thank you! I might have added as Step One: retain a great business law attorney.
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.
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
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!
I’m trying to start a business right now this is great
I definitely need to get a LLC soon
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
Just starting out in real estate investing, thank-you for the videos. Forming a llc in 2 weeks
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
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
This is “Something Cool”, I’m gonna watch every video that you post!!!
Do it!
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!
Straight and to the point. Perfect video
Thank you so much for this information! I've been so confused trying to learn and have a sole proprieter business
Straight and to the point
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 💯👍
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.
I want to start a landscaping company, thank you this helps!
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
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
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!
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.
Many thanks for sharing this knowledge with us all to find success.
Very clear and helpful, thank you!
You're very welcome!
Thank you sir! Thankful to have people like you just sharing information on building your self up! Much appreciated!
Thanks buddy! I wish I could get you to do my LLC I AM STILL LOST🤦🏿♂️🤦🏿♂️🤦🏿♂️
something cool, awesome simplified and informative video.
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!
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!
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!
I get what you are saying!
Thank You!
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..
I’m barley starting out trying to gather as much research n that was very helpful
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
Weeeee thanks for the road map. Appreciate it.
something cool! I appreciate the info your sharing - thanks
my business is 3 months up and running and turning a profit. thank you for making it so easy ( in TN at least lol)
Thanks for this great video!!! very helpful :)
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✌️
Hey I am starting an Llc and have questions. Is there a consultation that can be arranged online or phone ? Thanks
Jim great video, thank you so much!
You are welcome!
wouldnt it be cool to sell a company you start.
Just started solar, thanks for the help!
“Something cool,” per your request :P
Thanks for sharing this video. Helpful stuff!
Thank you! Just starting an LLC and glad i clicked on your video. Subscribed and look forward to watching other videos to get me started with my new business!!
Your videos are great, thanks for the time and effort you put into your videos. Subscribed and excited to watch more! 😁
Thank you for this video! It's helped me so much with the legal aspects of forming my LLC
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?
For the knowledge this man shares, the least to do is put a thumbs up and suscribe literally 👍👍
"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... 😅🥰
Thank you for the info and your time making the video.
Very helpful ... thank you!!!
Your voice is so good to hear
where do we file the updated paperwork every year?
Same question I asked??
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.
That intro beat tho!!! 🎶
Facts I was like ok ok !!!!👍🏽👍🏽
Something cool...this is definitely something cool man thank you very much!
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 so so much this was so helpful!!!!!!!!!!!
This was a genuine video man lol the energy was great!!
Whoa... over a thousand years in the past and this still applies! Like if you are from the year 1018!
HAHAHAHAHAHA
Something cool. 👍love this llc stuff.
Who doesn't?
That’s for letting me know about filing the state, even if I’m going to be moving there? Still do it in my current state?
I love your sense of humor, thanks for the info. and God Bless. Keep having fun cause we don’t live forever🤪.
Thank you for answering all of my questions! 😁 I appreciate your videos and your humor! God bless! ❤️🙏💯
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
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.
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
Great video, Thank you! I am excited to get this process started.
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
Very big help. Thank you so much
You are so welcome!
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😤
Hi there! Thank YOUUUU! I appreciate ethics information sooo very much! I am thinking of moving in a different direction now that I have my Masters Degree! I’ve had this in mind before having my Masters and it will come to fruition very soon! Ty so much!
CTFU WHEN YOU SIPPED YOUR TEA HILARIOUS!! SHOWED CHARACTER!!🤣🤣 GOOD EXPLANATIONS
Very thankful for your information. It’s a great help
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.
“Something cool” Thanks!
Thanks for this info, super helpful!
Thanks for all your help.
Stop scratching, dude, have you got syphilis or what?
Please do an in-depth video on using a multi member LLC as an investment vehicle for buying stocks, bonds etc.
Thank you
Very informative sir. Good since of humor.