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by amerf1 2968 days ago
If I was looking to sell my side project as a single founder. Would it be necessary to incorporate?
1 comments

Assuming USA: If you're a single founder with no investors, the compliance costs of a single-member LLC taxed as a disregarded entity are tiny, a few hundred dollars per year (depending on the state). That limits your liability, might help deal with some clients, and might make it possible to recognize a sale of the whole project as a capital gain instead of ordinary income.