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LLC Myths: What You NEED to Know!

Get certified In EVERY strategy I teach! Learn how by booking a FREE 15 minute demo: https://markjkohler.as.me/ Mark and Mat break down unique LLC Myths as well as the basics of where and when to use an LLC in your business or investing life. More info at Mainstreetbusiness.com Get your tickets to my BIGGEST event of the year: https://www.taxandlegal360.com/ To get more details about my NEW certification: https://markjkohler.com/become-a-cert... Get My FREE Ultimate Tax Strategy Guide: https://markjkohler.com/contact/ To Get Started With Any One of My Teams: https://linktr.ee/MJKYoutube The Crypto IRA Page at Directed IRA: https://directedira.com/cryptocurrency/ Level up your business and finances with "8 Steps to Start and Grow Your Business" book. Get it now at https://www.amazon.com/gp/product/B07... Start your journey to financial wealth today! If you need help structuring your business or setting up your S-corp to save the most on taxes and to ensure maximum asset protection, click here to schedule an interview: www.kkoslawyers.com/contact-us Visit markjkohler.com for all of Mark's game-changing educational materials, take charge of your ship, and start SAVING thousands in taxes! Set up a self-directed retirement account at directedira.com and start saving today! Visit www.mainstreetbusiness.com to listen to Mark Kohler and Mat Sorensen break down complex Tax & Legal strategies in an easy-to-understand way every week! I go LIVE almost every week...Don't forget to Subscribe and Hit that bell icon so you get a notification every time I upload a new video or go LIVE If you liked the video, please give it a "Thumbs up!" and please subscribe to see more! #Taxes #avoidtaxes #paylesstaxes #tax #realestateinvestment #Markjkohler #KKOSLawyers #markjkohlerLIVE #Entrepreneur #rentalrealestate #taxplanning #smallbusiness #taxlaw 00:00 Topic Overview 03:28 Myth Buster 1: Don’t Need Unlimited LLC’s 04:59 Myth Buster 2: Filing LLC, Your Not Done 05:55 Myth Buster 3: LLC Protection 08:07 Basis Understanding on the LLC 11:15 Myth Buster 4: LLC Does Not Save on Taxes 12:27 Where to Set Up the LLC 15:32 Myth Buster 5: Limited Entities in Other States 17:45 Operational Business 19:20 Do I Need an LLC for Every Business? 20:28 Explaining the Basic of DBA 24:22 Series LLC 28:07 IRA LLC 30:33 Takes Payment for Service or Products 31:44 Crypto Legal Summit 33:39 Single-Member LLC vs Two-Member LLC 35:35 Myth Buster 5: LLC is Not an One and Done Process 37:54 LLC Managers vs LLC Members 41:17 When do You need the LLC? 43:31 LLC can be Used to Create Corporate Credit 45:08 LLC’s for Family Legacy Properties 46:15 Decentralized Autonomous Organization 47:36 Limited Partnership 48:22 Don’t Judge Before Trying the LLC 50:39 Professional LLC 51:45 Outro