Tag: LLC

As part of my ongoing Informal Education PhD degree from Non-Existent University, I’m currently listening to Start Your Own Corporation by Garrett Sutton.I’d recommend it, and I’d highly encourage most any near millionaires (which definitely does not include me) to utilize LLC(s) and/or corporation(s) ASAP. (I purposefully didn’t mention limited partnerships in that.)It goes over the good entities (LLCs, corporations, limited partnerships) as well as topics related to them.The bad entities are sole proprietorships and general partnerships (which is what essentially any entity is by default). IMO, general partnerships are significantly worse than sole proprietorships and should be heavily avoided.If…