EP153: Do You Need an LLC to Get Started
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EP153: Do You Need an LLC to Get Started
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About this listen
Here are three actionable takeaways:
1. Assess Your Goals: Determine how serious you are about note investing. As a hobby, an LLC may not be necessary, but for long-term commitment, it's worth considering.
2. Evaluate Risk: Gauge your personal risk tolerance. Decide if you'd prefer the peace of mind that comes with protecting your personal assets through an LLC.
3. Seek Professional Guidance: Always consult with a professional, such as an attorney or tax advisor, for personalized advice.
Think of forming an LLC not just as a formality, but as an investment in your note investing future. It positions you professionally and shields personal liability while setting the stage for enduring success.
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