Page 1
Page 1
Started By
Message

Pass Thru LLC Operating Agreement

Posted on 2/22/25 at 4:50 pm
Posted by Stateguy
Baton Rouge
Member since Dec 2006
918 posts
Posted on 2/22/25 at 4:50 pm
I created LLC for 1099 income. Goal to have solo 401k. Have articles of organization from State of LA, have EIN. Now (I'm pretty sure), I need an operating agreement. Basically need this for bank to allow me to open an account.

LINK

Any advice on doing this. Google one online? Trying to do this as cheap as possible.

Expect to bump this Monday

ETA - corrected to article of organization, not incorporation
This post was edited on 2/22/25 at 6:32 pm
Posted by Lakeboy7
New Orleans
Member since Jul 2011
25286 posts
Posted on 2/22/25 at 6:20 pm to
quote:

articles of incorporation from State of LA, have EIN.


Charter, including articles, and TIN all you need at Chase.

Posted by Twenty 49
Shreveport
Member since Jun 2014
20008 posts
Posted on 2/22/25 at 6:28 pm to
quote:

I created LLC. … Have articles of incorporation


I hope it’s article of organization rather than incorporation.
Posted by Stateguy
Baton Rouge
Member since Dec 2006
918 posts
Posted on 2/22/25 at 6:32 pm to
quote:

article of organization rather than incorporation


Corrected, you are right
Posted by Im4datigers
Northern Virginia
Member since Oct 2003
4555 posts
Posted on 2/22/25 at 7:03 pm to
Shoot me an email and I can send you a blank one. I have plenty for single member LLC’s. Lnobles@redstickag.com

I am not an attorney. Just a long time lender.

And as some mentioned - some banks will open the account without one but it’s a PITA going around trying to find one. Just take 5 mins and to the op agreement.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
39108 posts
Posted on 2/22/25 at 8:11 pm to
quote:

Goal to have solo 401k.


You don’t need an LLC…

(There may be other reasons to have an LLC)
This post was edited on 2/22/25 at 8:17 pm
Posted by Stateguy
Baton Rouge
Member since Dec 2006
918 posts
Posted on 2/22/25 at 9:39 pm to
quote:

Im4datigers


email sent
Thanks
Posted by Stateguy
Baton Rouge
Member since Dec 2006
918 posts
Posted on 2/22/25 at 9:41 pm to
quote:

You don’t need an LLC…


Thought I needed a business entity to get the EIN needed to establish solo 401?

Trying to learn as much as possible online

Hell - I called it articles of incorporation in my initial post
Posted by Lakeboy7
New Orleans
Member since Jul 2011
25286 posts
Posted on 2/23/25 at 11:13 am to
quote:

Trying to learn as much as possible online

Hell - I called it articles of incorporation in my initial post


Hey man no shame in learning and trying to do things more efficiently!

I just stood one up recently and I believe the Sec of State has all the docs you need just a few clicks and that way every thing is in one place.

Not a bad idea at all for separate TIN for a solo 401. Easier for your records and easier to put together/understand your return.

Keep plugging away. The format you are setting up is the future for your income(s) (and more importantly expenses).

first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram