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by cirdoc98
4145 days ago
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Single member LLC (disregarded entity) is the way to go, setup a separate bank account and bookkeeping so that you are treating as a legitimate business. In CA it cost me around $800 to form with a tax attorney, and the min state tax is also $800/yr. All worth it for the peace of mind that you have at least some protection if 10yr from now someone tries to sue you for whatever reason. |
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