How To Pay Yourself As An LLC In 2023

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In this video, we're going to show you how to pay yourself as an LLC in 2023. This is a vital step if you want to set up your own business and take advantage of the growing popularity of LLCs.

If you want to know how to pay yourself as an LLC in 2023, then watch this video! We'll show you how to set up your LLC and how to pay yourself through the LLC. This is a step you'll want to take if you want to start your own business and take advantage of the growth of LLCs.

//MG The Mortgage Guy Official TikTok:

Thanks for watching!!
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This is going to end up being a big channel.

GREATSCOTTGLASS
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I started my own business this month and I am meeting with my first client today. I retired last yr at 55 with 3 houses paid off worth 4.5 million. I will have an income stream of $20, 000 per yr through my business. I realized that the secret to making a million is making better investments.

tahirisaid
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It's cool to see brothers getting together and talking business, this is the type of black media that needs to be mainstream. MG you're the 🐐!!

rzathegoat
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I can't wait to sit at the table with like minded individuals and level up together!!!

davidduncan
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i appreciate this game you been dropping, i'm only 19 learning all these. i'm gone be so set for life

Biggerthanme
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It’s something about people who look like me… teaching me that sticks. And also great seeing those same faces aspiring me to become financially free. Thanks y’all 🖤

marisacandice
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One thing nobody seems to talk about or cover is funding your LLC. Ok, you got it formed, you take your papers to the bank to open an account, then what? What do you do? If you're setting up your LLC to protect your assets, and taxes are a concern, what is the right move? Just whip out a $20 bill and put it in the account? How does that go into the accounting books? Everyone skips right over this and it seems pretty important to me.

JohnTurner
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This guys has 90k subscribers and is still responding to subscribers! Man I call that engagement! Salute bro. Be the greatest!

MPENetwork
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I appreciate these men because you have to pay for all this information.

mazilyahlyde
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😮😮😮🙌🏾🙌🏾🙌🏾💎💎💎 this video is so GOOD!!!! I just pulled over to listen to this AGAIN …. in my way ti work😂😂😂!!! Investing in me 2023 with the LLC (y’all see what I did there

getouttadebt
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I just applied for a mortgage to buy my first home . Although my business makes $90, 000 a year I was writing everything off . This year when I filed I didn't write everything off . Long story short, my credit is 750 but I didn't show enough income to buy the house so basically I need a co-signer or I have to wait another year 🤷‍♀️. So iam going to set everything up so I can now start paying myself a w-2

kaytoyatheexplorer
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GREAT INFO FELLAS 👍 IM A CHEF JUS BROUGHT A 30FT RV FOR FOOD TRUCK BISTRO....IM ABOUT TO GET ON MY LLC JOURNEY

muzikgeniusguy
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I’ve owned real estate in LLC’s for 10 years and you guys still teach me valuable information to use. Glad I stumbled upon your channel!

adamdailey
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I can't really put into words how much I needed this specific video. I appreciate the "classroom learning" that doesn't feel like forced/stiff classroom learning. I'm tapped in! This was a conversation with the bro's on the next level. I appreciate y'all.

Jeremysbox
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This conversation went from an Elementary/Beginners chat to the college level quickly . Thanks for the gems-LLC UNIV. Addressing the multiple entities became confusing for a beginner like myself. Great explanation on why you need to stay in each lane.

TimeTnow
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💎💎💎💎. Bro I was racking my damn brain trying to figure all this out. I started a c corp back in 2005 and didn't do nothing with it cause of the military but I had box credit back then. Now I wanna start it up again since I still own it. THIS IS GOLD!! God bless y'all brothers ✊

cweathersby
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Transferring that distribution to "another company" - like a holding company - that's an important point. Would love to see a video on that structure.

mdepalm
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Thank you for explaining the difference S-CORP and LLC

PrideandBeauty
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The best how to pay yourself video of all time.

brolybsavage
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Matt you have always been the 🐐 so proud of

dawnbluitt