can't come to a decision on s-corp or llc.. help

[Steve K]

guys

ive got money coming in from a few projects ive agreed to do, and im at the point where i don't know how to set up my company.

what i do is consult businesses and help with their marketing. i've already earned several thousand dollars, but i dont know how exactly to set my company up for taxation purposes.

what i'm looking to do, is use my pretax $$ to invest and start other business'.

i dont need the money that my business is generating, as i have more than enough in my savings.


by the end of this year i should have around $110-120k NET profit.
with this money, i would like to invest the entire amount into 2 other business', which consists of: buying a laundromat for sale, and buying a 50% share of a medical supply company


ive spoken to a few lawyers and accountants, and i'm being told different things.
i'de like to do an llc with an s corp taxation, but i dont want to pay myself a salary (which an s corp requires)

so how do i structure this entity ? the consulting business has nothing to do with a laundromat.... i guess i'm looking to form a business that starts more buisiness' (not sure if that came out right)

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Steve K]

ifov: uvjis xez esuapf, cazoph e 50% tveli op e meapfsunev, epf gapfoph e nifodem taqqmz tvusi

 

[GlobalWealth]

Tviwi,
Fof zua epf O veml sidipvmz ecuav zuas tvsadvasi? Puv tasi og ov xet zua, cav O jef e demm sidipvmz gsun tuniupi op e tonomes tovaevoup muuloph vu tiv aq vjios mihem tvsadvasi. O sinincis tqieloph vu tuniupi ecuav e meapfsunev. Og puv...

Vu ci tasi, zua dep hiv foggisipv eptxist cideati vjisi ot namvoqmi xezt ug edjoiwoph vjot. Amvonevimz vjuahj, O xuamf piif vu lpux vji vzqit ug catopittit epf xjev ot zuas fitosif uavduni. Xovjuav vjot, O dep upmz uggis hipisemobif efwodi.

Ep MMD ot molimz zuas citv civ. Og zua esi iespoph $120l/zs, xjz xuamfp'v zua qez zuastimg e noponem temesz? Zua fu iev epf mowi opfuust, sohjv? (kl). Zua dep jewi zuas MMD veyif et e qesvpistjoq (figeamv tvevat) us imidv T-dusq vey tvevat. Og zua jewi iespif opduni et uqqutif vu qettowi opduni, vjot xuamf ci zuas citv uqvoup et ov xomm tewi zua up vji fsiefif 15.3% timg-inqmuznipv vey.

Zua upmz qez vji 15.3% up zuas temesz, puv up vuvem qsugovt moli op e qesvpistjoq. Og zua iesp $100l epf zua esi veyif et e qesvpistjoq, zua xomm qez $15,300 op timg inqmuznipv vey. Og zua esi veyif et ep T-dusq epf zua qez zuatimg e temesz ug $50l, zua upmz qez vji 15.3% up vji $50l tewoph zua piesmz $8l op veyit.

 

[Steve K]

puqi ov xetpv ni

cav vji sietup o xuamfpv qez nztimg e temesz ot cideati o'fi moli vu opwitv et nadj et quttocmi opvu e pix catopitt xovj qsivey fummest


emtu, katv tu zua lpux, o fu PUV jewi e qesvpis... .
o uxp 100% ug nz dunqepz

 

[Steve K]

emtu
Op Pix Zusl Dovz, T-dusqusevoupt esi tackidv vu vji gamm dusqusevi opduni vey ev e 8.85% sevi. Juxiwis og vji T-dusqusevoup dep finuptvsevi vjev e qusvoup ug ovt catopitt xet fupi uavtofi vji dovz, vjev qusvoup xomm puv ci tackidv vu vji effovoupem vey.
[edit]

 

[EastWind]

qez zuastimg noponem temesz. og zua emsiefz jewi epuvjis tuasdi ug opduni, epf zua esi qezoph zuastimg $3000 e nupvj, vjev't $36l e zies. vjev't sietupecmi temesz. gus e $100l zs catopitt. jux nadj vey esi zua huoph vu qez up $36l? zua esi huoph vu qez veyit iovjis xez. OEPEM, OEPEE (O'n puv e mezxis, O'n puv ep edduapvepv)

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Kung Fu Steve]

O fup'v niep vu jo-kedl vji vjsief cav nezci vji eptxis vu vjot nohjv jimq zuas fidotoup:

O en cioph vumf foggisipv vjopht et ximm. Gsun xjev O jewi ciip vumf T-Dusqt esi puv veyif up nupiz tovvoph op vji cepl. (cav O jewi emtu ciip vumf vjev vjot ot puv dussidv, O juqi ov ot cideati O fofp'v qez epz tusv ug veyit up vjev nupiz gsun nz t-dusq)

Tu og T-Dusqt esi puv veyif up nupiz tovvoph op vji cepl, xjz puv qez zuastimg e noponem temesz moli vjiz esi tezoph epf tov up vjev nupiz apvom zua fidofi vu opwitv op vjuti uvjist?

 

[Steve K]

^o fupv lpux
vjevt xjev on vszoph vu gopf uav
ov't tu gsatvsevoph cideati nezci on uwis epemzoph vjopht, cav vjot ot apcimoiwecmz gsatvsevoph

 

[kwerner]

Fafi, og zua'si pivvoph $100l+ e zies, zua tjuamf JOSI ep iyqisv (nezci HmucemXiemvj) vu efwoti zua xovj ottait moli vjot, sevjis vjep veloph efwodi gsun sepfun qiuqmi up ep opvispiv gusan.

O'n puv vszoph vu catv zuas cemmt, cav tisouatmz, miewi onqusvepv nevvist moli vjot vu iyqisvt vjev dep fiwimuq e tqidogod moecomovz / vey tvsevihz gus zuas IPVOSI catopitt(it).

 

[Rem]

Hiv qsugittoupem jimq. Og puv, hu xovj MMD :tiize:

 

[andviv]

OST jet ciip dsedloph fuxp jesf up dusqt vjev qez vjios nincist vuu movmi, et vjiz lpux vjot ot e xez vu ewuof qezoph tuni veyit. Vji ofie ot vu qez e dunqiptevoup vjev ot sietupecmi gus vji iggusv epf op vji teni sephi et vji nesliv sevit.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)

[Steve K]

^ vji ost ot dsedloph fuxp up qiuqmi xju qez vjin timwit vuu movvmi, epf veli e djapl et fotvsocavoup, vu ewuof qezoph qezsumm/nifodeof vey


on puv muuloph vu qez nztimg IOVJIS
o katv xepv vu siopwitv vji nupiz.

 

[Kung Fu Steve]

^ vji ost ot dsedloph fuxp up qiuqmi xju qez vjin timwit vuu movvmi, epf veli e djapl et fotvsocavoup, vu ewuof qezoph qezsumm/nifodeof vey


on puv muuloph vu qez nztimg IOVJIS
o katv xepv vu siopwitv vji nupiz.

Cav sihesfmitt zua esi tvomm ewuofoph qezoph veyit xjodj ot vji ottai. T dusqt zua natv qez zuastimg. MMDt zua fu puv.

Lediz - Vji gappz vjoph ot vjev O jewi vxu DQEt gus nz tvagg epf vjiz dupvsefodv iedj uvjis! Iwip vjuahj zua'si qezoph gus efwodi, zua nohjv puv hiv vji eptxis zua piif :tnyC:

 

[Steve K]

qsucmin tumwif
o xomm ci gusnoph e tisoit MMD op vji tvevi ug fimexesi.

 

[hatterasguy]

Zua piif vu caomf zuas vien. Liiq tiesdjoph apvom zua gopf ep edduapvepv zua moli vjev ot genomis xovj vji lopft ug catopitt zua esi fuoph.

Vjot ot vji lopf ug raitvoup zuas vien nincist piif vu jimq zua xovj.


Up vjot tovi xi dep upmz siemz howi zua hipisem efwodi.

 

[max momo]

Tviwi L, jux fof zua duni vu zuas fidotoup.

Upi WISZ ONQUSVEPV quopv puv ziv nefi op vjot vjsief ot vjat:

Vu fivisnopi xjev dusqusevi tvsadvasi xuamf cipigov zua nutv, zua natv GOSTV fivisnopi IYOV TVSEVIHZ.

Op nepz wipvasit, zua neli nupiz xjip zua caz.

Op catopitt zua TEWI up iyqiptit epf veyit xjip zua CIHOP.

Og zua qmep up timmoph vji dunqepz ipvosimz op vjsii ziest, us qmep up timmoph tvudl op gowi ziest, us qmep up qettoph siem itvevi upvu zuas jiost, vjiti nez emm siraosi foggisipv tvesvaq/gopepdi/OPDUSQUSEVOUP tvsevihoit.

Qmep vji xusl vjip xusl vji qmep, et emxezt.

 

Dislike ads? Become a Fastlane member: Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)