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Thanks czbond. Yes it is for my company which is basically meant to be a niche website whose access based on monthly subscription (i.e. users from all over the
by aedr 14y ago
Thanks czbond.
Yes it is for my company which is basically meant to be a niche website whose access based on monthly subscription (i.e. users from all over the US pay every month for access). My "office" is in WA.
I was looking for how to make a single-member LLC that would offer me the most personal protection, for lawsuits both by users (though right now I don't see why that would happen) and potentially from similar companies for some kind of infringement. I would of course separate the entity records/transactions from my personal ones. mchannon's perspective seems to be that even if I do everything by the book I still look like an appealing target as a SMLLC which could cost me time and money even if it holds.
From most of the replies above it seems like there are issues with the SMLLC as a choice - what are your thoughts on this?