Today's episode of Building Wealthy Habits discusses different business structures and entity formations. Jeremiah provides insights into sole proprietorships, partnerships, LLCs and corporations. They explore the tax implications of LLCs versus S Corps and how to hold appreciated assets. Randy and Jeremiah advise regularly consulting advisors as a business grows and circumstances change. Tune in to learn how to structure your business for liability protection, taxes and future planning.
This week on Building Wealthy Habits:
Healthy habits and cookie preferences. (0:00)
Business ownership structures and formation. (1:55)
Business partnerships and formation. (6:38)
Legal entities for businesses and their liability protections. (12:16)
LLCs and S Corps for tax purposes. (14:51)
Business advisory services and financial planning. (25:23)
Connect with Randy:
LinkedIn: https://www.linkedin.com/in/rkbarkley/
Email: Randy@tricordadvisors.com
Connect with Jeremiah:
LinkedIn: https://www.linkedin.com/in/jeremiahjlee/
Email: Jeremiah@tricordadvisors.com
Connect with Laura:
