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re: Better to form an LLC or keep it personal

Posted on 9/20/13 at 9:34 am to
Posted by Richardheadtigah
GTOWN
Member since Sep 2008
381 posts
Posted on 9/20/13 at 9:34 am to
Originally I had 1 business paypal account that served my company website and my ebay store. I ended up getting a second business paypal account to seperate the two. I did this because I would sell other things on ebay and at the end of the year I was having to seperate the items I sold. My items don't have much liability at all and I couldn't harm myself if I had to eat a few transactions.
Posted by jcole4lsu
The Kwisatz Haderach
Member since Nov 2007
30922 posts
Posted on 9/20/13 at 9:38 am to
well then i dont see a point in forming the LLC from a liability stand point. however im not at all qualified to speak on the advantages you might gain from the pass through taxation of the LLC. someone else will have to help you out there.
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