Episode 2: Real Money Talks – What Corporate Entities are the Right Fit for You and How to Use Them

Listen to this episode here.

Why make money as an individual when the benefit is being a company.

In this episode, you’ll learn:

  • How to choose the correct entity for your business – and your investments.
  • What are “pass-through” entities?
  • The benefits you receive from an LLC., L.P., C-Corp, and S-Corp entity.
  • Why you need a trust.
  • Why you need business insurance.

Loral Langemeier’s Tax Tips:

  • As a business, if you have a designated home office, you can write off that portion of your house on your taxes.
  • As a business, any services, products, or supplies – including house cleaning and some clothing – can be used as a tax deduction.

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