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re: Thoughts on whether I need a LLC or not

Posted on 5/19/22 at 12:35 pm to
Posted by Wishnitwas1998
where TN, MS, and AL meet
Member since Oct 2010
58348 posts
Posted on 5/19/22 at 12:35 pm to
I appreciate the responses and am glad to see yall confirming what I thought. What he said was contrary to everything I’ve ever known or been taught

It kind of shocked me given the good reputation this guy has

And I can confirm that Tennessee has some sort of franchise/excise tax on LLCs bc my other LLCs have to pay it but they are only about $500/year and I’m not sure what it’s based on but their collective worth is about a quarter of what this is
This post was edited on 5/19/22 at 12:37 pm
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