AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Setting up an llc3/9/2023 ![]() ![]() But if you do this, theres a few things to keep in mind. Now, you can pool friends and family and distribute shares to them in a corporation just like you can in a limited partnership. Investing For Retirement Starting An Investment Corporation ![]() They will then ask you for the information from your LLC operating agreement, and they will also want a copy of it when you’re done applying. To get started at TD Ameritrade, you simply select “Other Account Type” and the “Limited Liability Company”. They are a full-service brokerage firm that has solid online options and it’s easy to get help! I recommend using TD Ameritrade for this. Once you have your LLC paperwork, you need to open a brokerage account in the name of the LLC. Be sure you’re aware of your state requirements when getting started. For example, in California, you have to pay at least $800 per year to maintain your LLC. Note: Some states have fees associated with the LLC. Then, Nolo will file your paperwork with your state, and you should be official in a few weeks. It will take you about an hour to setup your LLC for investing with Nolo. Their prices are reasonable, and their support is great. It’s the company that I used to setup my LLC and I’ve been very happy with them. If you want to setup an LLC for investing, I recommend Nolo. ![]()
0 Comments
Read More
Leave a Reply. |