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To: stevio

Mr. mm and my son both set up an LLC, which keeps the business separate from the personal property.

You have to choose a name and file for it in whatever state you are in. They check to make sure the name is not already in use. There’s a small fee for it. I’ll ask one of them a bit later. It would also be good to have legal advice and an accountant for estimated business taxes.

It’s not complicated, but you don’t want to run afoul of the IRS.

Maybe other FReepers can chime in as well.


401 posted on 10/21/2021 2:38:57 PM PDT by metmom (...fixing our eyes on Jesus, the Author and Perfecter of our faith…)
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To: metmom

Thanks. I will look into it.


408 posted on 10/21/2021 3:23:04 PM PDT by stevio
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