Top 5 States To Form An LLC

Discover the top 5 states to form an LLC! In this video, I'll unveil the best states for LLC formation, considering asset protection, taxes, and more. From Wyoming to Nevada to Alaska, find out which state aligns with your business goals.

🔑 Key Insight "The omission of the word 'exclusive' leaves room for interpretation." - 8:17

Considering starting or scaling your business? An LLC is an excellent choice for reducing liability and enhancing flexibility. If you're eyeing states with favorable business climates and lower living costs, our top 5 list is a must-see. Navigate the complexities of taxes, paperwork, and more with ease.

By the end of this video, you'll be equipped to make an informed decision on the ideal state for your LLC.

🔔 Don't forget to subscribe for more insights on real estate investing and business strategies!

Video Breakdown:
0:00 Intro
0:19 What to Look For in an LLC-friendly State
1:32 Analyzing the State Chart
2:30 Asset Protection Insights
5:00 Deep Dive into the Chart
8:24 Tax Implications
9:27 A Look at Colorado
10:19 Outro
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ABOUT CLINT COONS

Clint Coons, Esq. is one of the founding partners of Anderson Law Group, Clint has grown his legal and tax firm to over 400 employees by assisting real estate investors with creating and implementing solid entity structuring plans. His success in these regards is in large part due to his personal investing experience. A successful attorney, real estate investor, and speaker, Clint has used his innovative and dynamic strategies coupled with knowledge borne from experience to help thousands of people save millions of dollars and build real wealth.

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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

#llc #assetprotection #clintcoons

[Adriano-Foster]

I kept waiting, thinking LLCs were pricey, but I set mine up for $39 with Nexalic. Glad I did. Thanks for so many useful info Clint! Much appreciated!

[jalabi]

Alaska? Wow, who knew? Clint knew, that's who! 😀

[georgevrba]

Awesome amount of work and great info. Thanks so much for the update on Texas!!

[ttone]

Yoooo Thank you soo much for doing your homework...This is a Great, Informative, peace of calculated precision guided art. Thank you

[acrazysaru]

Thanks so much for this Info. I am starting my first LLC and this is super helpful!

[vinniefondario]

Hey thank you Brother. Very valuable information and great delivery. God bless you!

[dogtailsmatter]

Thank you for taking the time to create this video.

[gevorgarakelyan]

Such a great and informative video! Thank you Clint

[pepecebolla]

This is very informative and opportune for me, thanks!!

[MichaelJurmu-ms]

I really appreciate your demonstration. Super handy.

[christophermsmith]

Thanks Clint. Really helpful. I think I'm going to look a bit deeper at Delaware and Wyoming.

[HopeProphecy]

Great info! Could you create a video, or are you aware of a similar resource, that shows the anonymity levels of each state, including what is required to be disclosed when foreign-filing?

[successlikerick]

I'm from Missouri, so it looks like I'm hearing a lot of good talk about Wyoming...Think thats where I'm setting up shop!

[gomezabel]

For the sake of anonymity I want to open a llc in Delaware or Nevada or Wyoming, but I still have to register as a foreign out of state company with the state of California, and pay California franchise taxes. Doesn't that cancel the benefits of registering in one of the five states?

[murshed]

No one can deny but appreciate. However, I have some questions:

1. Should I pay Franchise and Gross receipts tax as a non us resident?

2. What about Quarterly Sell Tax and Annual Tax for those who do Amazon wholesale business as a non us resident?

[frankmartinez]

Thanks for this! New Mexico is so close but still so far away. 😢

[jessicamann]

Clint, Montana does offer some form of aninimity when constructed correctly, but it charges a a tax on non-titled assets of several percent annually.

[delusionalvoid]

Great information. Thanks . Really needed that !!

[bluegeek]

If I want to start a business in Tennessee but want my LLC based out of Wyoming, does that mean I have to have an LLC in both states and the Wyoming one owns the Tennessee one? Or can I just have a Wyoming LLC and operate in Tennessee?

[makiavelli]

One item that I haven't heard you, Toby or any other professional speak about is if one has to have a business or personal PO Box or physical address in Wyoming...or any of these other states. Do we?