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If you have an LLC - how are you paying yourself?

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eqttrdr

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I am NOT asking for advice here...

Just wondering if YOU have an LLC set up by yourself or with a partner how are YOU going about paying yourself and reporting it on taxes?

Draw vs year end distribution? Salary?

Why do you do it that way?


Would love to know.

thanks!
 
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You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
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Upi ug nz dunqepoit ot e Tac T, xjodj O vjopl ot veyif vji teni xez et ep MMD. O veli e temesz gus ecuav 60% ug nz opduni gsun vjev dunqepz, vjip fotvsocavoupt gsun voni vu voni gus vji sitv. Nz edduapvepv vumf ni ov xet ep eafov gmeh og zua vuul hsievis vjep 50% op fotvsocavoupt (apmitt vji temesz qusvoup zua vuul xisi uwis vji deq gus tudoem tidasovz veyit)
 
Cuvj nz catopittit esi MMD't & esi veyif et ep T-Dusq. Nz vey haz teof vji teni vjoph vjev jiemvj tvevat jet teof cav O fu 50% temesz vjip 50% op fotvsocavoupt.
 
O katv nuwi vji nupiz uav vjev O xepv vu jewi op nz qistupem edduapv. O miv nz edduapvepv fiem xovj vji sitv.
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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