MAKE AN APPOINTMENT TODAY! https://kkoslawyers.com/contact-us/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
Confused about when you actually need an LLC — and when it’s just expensive paperwork? In this straight-shooting guide, Mark J. Kohler, CPA and attorney, breaks down the exact moments to form (or skip) an LLC so you protect your assets, avoid scare-tactic upsells, and set yourself up for S-Corp tax savings at the right time.
You’ll learn what an LLC really does, when to form one for rentals or an active business, how “S-Corp insurance” works once profits pass ~$50K, and the mistakes that cost owners money: setting up too early, using the wrong state, member-managed instead of manager-managed, putting your home address on public record, and failing annual maintenance. Stay to the end for a simple checklist to set up and maintain your LLC the right way.
If this helped, subscribe for more small business and real estate strategies, drop your questions in the comments, and share this with a partner or client!
CHAPTERS:
0:00 Intro
0:36 What Is an LLC, Really?
1:50 When Do You Need an LLC?
4:26 Common Misconceptions About LLCs
6:22 How to Properly Set Up and Maintain Your LLC
7:59 When Might You Not Need an LLC Yet?
8:33 Outro
Resources:
Interview a Main Street Tax Pro that Speaks like Mark: https://taxadvisornetwork.markjkohler.com/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
Meet with a Real Lawyer on Zoom: https://kkoslawyers.com/contact-us/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
Self-Direct Your IRA or 401k- Buy a Business or Real Estate with Your Retirement Account (Directed IRA): https://directedira.com/appointment/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
Keep Your LLC or Corp in good standing and Hide Your Address (Main Street Business Services): https://mainstreetbusiness.com/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
Become a Certified Tax Advisor in Mark’s Program – https://mainstreetpros.com/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
Connect:
Website: https://markjkohler.com/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
LinkedIn: https://www.linkedin.com/in/markjkohler/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
Facebook: https://www.facebook.com/markkohler/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
Instagram: https://www.instagram.com/markjkohler/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
X: https://x.com/markkohler/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
TikTok: https://www.tiktok.com/@markjkohler/?utm_source=youtube&utm_medium=description&utm_campaign=mjk001_right_time_to_set_up_an_llc
source
