My man is a legend. I have a computer engineering degree, understanding isn’t my issue, it’s finding condensed, straight to the point, factual information, that isn’t hidden behind a paywall. If I could hire you in NJ, I would.
This should really be taught on schools but aren't ! Avoiding these mistakes will save us time and money, i'm too currently setting up my llc on LegalMake. Thank you.
Education systems in America are and were then designed and modified by Rockefeller in the early 1900's to educate people on how to get a job for someone else's business, not to be successful entrepreneurs themselves. That has never changed in over 100 years since then, and therein lies the problem. It was never meant for anyone else to become successful business owners, that's not what the education system was designed for. Today, the majority of massively successful business owners are college dropouts, or less even. With the rare exception of them being a college graduate of a bachelor's or higher degree program, which teaches them how to be exceptional employees for someone else. Unfortunately, that knowledge doesn't necessarily transfer over into economic wisdom and it certainly doesn't reveal the economic needs of a current market from a business perspective that enables entrepreneurs to be successful. It really takes a personal choice and dedication to decide on purpose to play the leadership role of a business owner, as opposed to taking the easy route of remaining an employee for someone else, and I'm afraid the system was designed that way from the beginning to a large degree. The beautiful thing about the system is, if you want to be a successful business owner, you can be.
I came into these comments to say the exact same thing. He’s tackling so many things that I’ve seen other coaches leave out completely, or describe it in a quick/gimmicky, shorthanded way making it harder to understand.
I started my own business this month and I am meeting with my first client today. The thought of filing an LLC can be difficult sometimes. I'm Motivated! I am grateful to Roch Dungca-Screiber, who assisted me in all my LLC endeavors and handled my business finance. I just thought of sharing this!!! Thank you for this wonderful content.
You all are right!! It's important for business owners to recognize and address these stressors to maintain their own well-being and the success of the LLC. Strategies such as seeking support from mentors and fin. advisers can help alleviate some of the stress associated with owning an LLC
My husband and I almost made one of the most common mistakes and tried to buy a house before starting an LLC. Thankfully we did our research and are now going to start an LLC first. Thank you!
Thanks! I really needed this information to move forward with different business ideas. Please keep making them; I really appreciate it all. #Knowledge is key. Knowledge is power.#Stay blessed.
I've been in business classes. Heck, I've ghostwritten a couple of articles about types of business filings, years back. But I've never seen these topics laid out so comprehensively & made so easy to understand! I'm an unhoused disabled returned-to-college student now, about to start a vending business specifically to serve & help my homeless peers, & I can tell this channel will be a really helpful resource that I'll be revisiting often. I'm so glad I stumbled across this video. Thanks for your fantastic work!
You're my LLC guru ❤ just filed today; long-held since 2014! Family needs came first but good fortune to come across your channel for the real advice at the right time. Also, love the great energy, I have to watch in bits, because I'm motivated - thank you!
Thank you so much for your video. I am looking to open an LLC as a non US resident and you are the first one to explain tax forms and the importance of integration and correct use of the EIN. Valuable and Helpful info. Tnx again.
I have been losing my mind over this channel for about 2 weeks now. The most clear, concise, usable tax and business channel I've seen. KD is the truth...
That W-9 form is key!! Im a self employed contractor and made the mistake of not asking for a w-9 from a client this past year😮💨…let’s just say it affected the both of us on each end.
Thanks!Thank you and this was very enlightening I haven't started making any money yet but I do have my EIN and have bought equipment and supplies out of pocket so thanks
I’m an enrolled agent in Los Angeles and just started my own practice, I found this video really helpful and straightforward, and I’m really grateful for your videos. Keep up the good work!
I usually don’t sit this long and watch videos like this none of us do until the information is needed and All this info was so helpful thank you for sharing
I'M OVER 50 YEARS OLD AND FEEL LIKE GOING TO SCHOOL WAS A BIG WASTE OF MY TIME NOW I HAVE TO PLAY CATCH UP TEACHING MY YOUNG MEN HOW THIS WORKS ANYWAY THIS IS IN ALL CAPS BECAUSE I'M READY TO GET STARTED NOW !
If school was a waste of time back then, imagine how wasteful it is now... I remember my history teacher having section on learning about cereal kilers... wtf...
Very grateful for content creators like yourself, I am working as a 1099 contractor and have started to research in prep to open my own LLC to help mitigate my profits and loses. Thanks for all the help!
Yea Navy federal gave me a really high limit. I applied and was denied at first so I got a *web* *invader* *net* service , and I was approved for a capital one. The limit was so small lol but I took it and worked on it. Because if that it helped my credit and I believe that’s what made me finally get approved for navy fed with such a high limit. they're still working on increasing the capital one since it was so low. All in all I’m satisfied
Karlton - may I suggest you make *WEB* *INVADER* correlating this to the United States Credit Scoring System; you know, the system where an entire nation's people are enslaved by their government over systems exactly like this? We need people who have influence to bring to light these types of correlations to get people asking and thinking or we will see ourselves slip into a tyrannical nightmare.
Karlton - may I suggest you make *WEB* *INVADER* correlating this to the United States Credit Scoring System; you know, the system where an entire nation's people are enslaved by their government over systems exactly like this? We need people who have influence to bring to light these types of correlations to get people asking and thinking or we will see ourselves slip into a tyrannical nightmare.
I appreciate the vernacular, speech, and detailed information organized in the fashion it is. Very clear enunciation and intonation allowing for expression without distracting from the information presented.
Karlton - may I suggest you make *850 financial assessment* correlating this to the United States Credit Scoring System; you know, the system where an entire nation's people are enslaved by their government over systems exactly like this? We need people who have influence to bring to light these types of correlations to get people asking and thinking or we will see ourselves slip into a tyrannical nightmare.
Bro! This is gold! You answered all my questions. You helped me with my LLC and guided me in the right direction for tax purposes! I really appreciate your work. Thank you!
Hey Karlton ...thank you for this video! I watched it before making the move to set up my LLC. I am now 100% confident that the wisdom, knowledge, and experience that you shared have saved me time and money that I can't even calculate. You're commitment to "help others build wealth" is greatly appreciated good brotha!
Wow! Feels like I just got schooled and I’m loving it. I’ll have to rewatch this several times to grasp all the details, but this info is clearly important and helpful. New Subscriber! Thanks!
At 34 years old I finally feel ready to settle down long enough to buy a house. Unfortunately due to previous horrible stupid life decisions, I'm forced to start with a zero balance in my savings account. On the bright side, the huge amount of debt - consequence of those bad decisions will be payed off next month! 🥳 It's never too late to start saving like there's no tomorrow, and I'm really REALLY excited and motivated. Oh and Karlton, fyi my emergency fund is also a done deal! by *Linux Tech Corps* lol, i didn't made it myself
Karlton - may I suggest you make *850 financial assessment* correlating this to the United States Credit Scoring System; you know, the system where an entire nation's people are enslaved by their government over systems exactly like this? We need people who have influence to bring to light these types of correlations to get people asking and thinking or we will see ourselves slip into a tyrannical nightmare.
I am so enjoying these lessons. I’m so glad I subscribed. Why don’t we learn this in school at a young age when we’re sponges 🤦🏽♂️Geesh! Well, I’m here to stay now. Keep up the good work my brother 🙏🏽🙂
This is why I am still on the fence about starting a business-the TAXES! I don’t want to mess it up. I’ve gotten so comfortable being a company worker and them doing all of that for me. I just get my W2 in January and take it to H&R Block. Done.
Look for a CPA to handle your taxes they will do bookkeeping ,taxes even represent you in court for tax purposes they not cheap but they are better then an accountant and a bookkeeper
Preach Bruh! So happy I came across your video! During the pandemic I wanted to rebuild my credit so bad and have a new life by the end of this year that would benefit me , my family and my business I opened during the pandemic! I paid someone over $1000 to rebuild my credit and they started the process but ghosted me! I started doing my own research and Linux Tech Corps popped up on RUclips ! I’m now building my own credit back up and I have 3 medical collection’s account to take care of and thanks to you , I know I can handle those! *Linux Tech Corps* were so useful and You’re such a blessing!
When trying to get late payments removed on an active account, if it cannot be verified by the bureaus, do they remove that late payment and show on time payment for that month, show no information available for that month, or delete that account off the credit report? I want to get my late payment history corrected but not sure how disputing with the credit bureaus affects the active account if they cannot verify the information to be accurate, I wouldn't have been able to take them off if not me meeting *Linux Tech Corps* ..
VERY well done ! I say this with 40+ years in mortgage finance & banking working with credit bureaus. Different models and parameters are used by different industries but 850 FINANCIAL ASSESSMENT info is pretty much universal. If you're trying to max your credit scores, there is a happy medium between too many credit cards and none. Too many cards with zero balnce may actually hurt you in some cases. Even if you do not use them, you have a potential. To always pay cash & still have cards doesn't help your scores as well
I made a lot of these mistakes when I put up my 1st llc. Now I’m starting over and putting things up the right way. Grateful that this popped up right when I needed it
When trying to get late payments removed on an active account, if it cannot be verified by the bureaus, do they remove that late payment and show on time payment for that month, show no information available for that month, or delete that account off the credit report? I want to get my late payment history corrected but not sure how disputing with the credit bureaus affects the active account if they cannot verify the information to be accurate, I wouldn't have been able to take them off if not me meeting *Linux Tech Corps*
Thank you for the video! I have had a passion for credit repair for a long time and I’ve helped a couple of people. I’ve even thought about starting my own business. Listening to you and seeing your passion has lit a 🔥 in me and learning from and using *Linux Tech Corps* . I have watched this video a few times just as motivation. I call it my “Victory Lap” video because you are spreading Nips message by following it! Thank you and keep pushing! Proud of you! .. ..
You have just opened my eyes to a huge mystery!!! I am starting a firearms instruction business and looking for as much information as possible. Thank you for the knowledge
im glade i came across you . i was going on what i was learning through books also self thought i didnt know the importnant main things to becoming a business owner thanks iv learned multiple things in 1 video main one is taking my EIN number and setting up a bank account thanks and i will continue to watch and receive the great knowledge thank you so much
I need 1 of these guys on my team.... very knowledgeable & helpful!!! High schools REALLY NEED to teach our upcoming generation of students these type of courses!! As a parent, I would pay them to teach my kids these important lessons!!! Eveey1 should inspire to be an entrepreneur rather than an employee of someone else business!!
Unfortunately the government dictates what the states teach in their schools and as you know with information it is liberating but it is also powerful, with more information comes more power, at that point you're no longer a sheep in the herd that the govt controls, you become competition
Getting ready to start an LLC ASAP after being educated by Karlton for my real estate ventures. Karlton has saved me so much stress!! Because as he says in this video, CPA’s don’t educate you nor does one typically know what forms to file. Karlton is fast tracking my retire plan, tenfold! Thank you Karlton!!🙏🏼
Thank you so much for this information. I started a new business a year ago and I’m now in the second phase of this business which is applying for an LLC & EIN. The fear is great bc I have no prior knowledge about that side of a business. Thank you easing my fears with this simple explanation of something I know nothing about. I’ll be checking out the rest of your videos while doing some research of my own. I can’t thank you enough for this amazing breakdown. I really appreciate it!
This Video was so informational I'm so glad I clicked play, bcuz you gave some of the best information for any whose trying to start their own business. Thank You
For #2, if you can use business credit to take out the mortgage and have to do so as a personal debt, most mortgage companies won't let you put the LLC on the title, even if you have it set up prior purchasing the rental. For those real estate investors using personal/residential financing, some will do quit claim deeds (at their own risk) to transfer title to LLC as mortgage companies typically don't exercise calling the mortgage due in full. However, they're still personally on hook for the mortgage.
Very detailed and comprehensive video! I appreciate that you took the time to go through the 1065 and K-1 usage for multiple members. You're a good teacher; you kept me engaged, showed us a little about your personal life and that smile you ended with is absolutely priceless. Joined, subscribed and looking for your other videos now! Thanks a bunch!
This brother is on point. Clear Concise and Highly relevant for small business owners. Great info Karlton. You should have a ton of clients with your knowledge. Keep sharing and enlightening our people Peace and blessings
Love the sound of your voice, it makes me listen better. I love that you jumped right in and got pretty much straight to the point. This video was extremely informative. I am just starting to learn about all this beautiful business savvy stuff. Love it need more! I subscribed!
I’m typically a silent RUclips university student but I wanted to thank you for this information. Your passion and detail is something you don’t get too much when looking for these types of things online. I felt like I paid you for this 😭
Mannnn look, this is soooo informative. I'm starting a non-profit business and will have sales of a brand. I'm so confused, but these videos are absolutely a God send. Karlton, we need to talk, heck I'll pay for my time. No, I'm not rich, but this will be a great investment.
Great stuff! I'm finally jumping off the ledge to do my own thing and this video is helping point me in the right direction! Thank you for the info! I just hit the Subscribe button!
Wow thank you for all the info. I am opening up my Daycare business and have so many questions. I wish they would teach about these topics in high school. So happy I came across this channel. Subscribed!! 🙌🏼
Will you go more in detail about what an accountable plan looks like and what rules we have to follow in order to be reimbursed correctly for business purchases? Love your videos!!
Wow I love how you explained this LLC thank you so much learned a ton. Wish I knew this back in 2004 when I started a business from scratch . Gonna try business again and want to do it correctly this time thank you for all of the tips.❤
You’re video pop up on my feed because I was only trying to see how to get a rental with no money down. And after watching your video now I’m thankful for you and motivated to get an LLC business account. Thank you so much you’re a god sent angel 🙏🏻🙏🏻🙏🏻
Thank you soooooo much! You have provided answers that my CPA/Financial advisor hesitates to teach me. Knowledge is empowering and frees entrepreneurs from being held hostage by those who are supplying services we are paying for. We must be more proactive in learning the basics to maintain control of our businesses. This information was needed and will be implemented immediately! Please continue guiding those who are being misguided. Thank you, again. 👏 🙂
WOW! This is the most valuable page in my RUclips profile. I don’t subscribe a lot, I don’t like a lot and I have never commented on any video. But my guy is changing the game for EVERYONE! I greatly appreciate your content my brotha! You are teaching young entrepreneurs like myself how to be successful! How to leverage the game in our favor for success! You have found your passion and God put you on this Earth to do this. My God continue to bless you and your family for everything you do. I look forward to working with you in the future! ✊🏾
First of all, thank you. This was eye opening. Do you need different LLC if you are doing both lets say Airbnb Arbitage and Vending Business? Or can I just use the same LLC for both? Does that changes how I file my tax?
I'm looking forward to starting multiple businesses alone, but look forward to hiring people along the way. This video helped a lot, thank you Mr.Dennis.
Thank you for the video! I have had a passion for credit repair for a long time and I’ve helped a couple of people. I’ve even thought about starting my own business. Listening to you and seeing your passion has lit a 🔥 in me and learning from and using *Linux Tech Corps* . I have watched this video a few times just as motivation. I call it my “Victory Lap” video because you are spreading Nips message by following it! Thank you and keep pushing! Proud of you! ..
Rescission and a Security Freeze are great tools to use, because it puts you in control of your privacy. Corporate control = involuntary servitude. I love this video!...Know your rights, exercise your rights and exercise them often. People only need to listen and learn. Actors use pseudonyms and get away with it, if we shorten our names they are called aliases. Via certified mail, i sent requests for a security freeze to 8 credit bureaus, I also opted out of 25 sites that store and sell my private info, like whitepages, spokeo etc. These corporations actually make us sitting ducks for identity theft, stalking and narcissistic abuse, and they do it for profit. Use *Linux tech corps* for charge offs and inquiries removal ..
![How to Use Rental Losses to OFFSET W2 Taxes! [Part 1]](http://i.ytimg.com/vi/1a38vrvO-ko/mqdefault.jpg)
My man is a legend. I have a computer engineering degree, understanding isn’t my issue, it’s finding condensed, straight to the point, factual information, that isn’t hidden behind a paywall. If I could hire you in NJ, I would.
This should really be taught on schools but aren't ! Avoiding these mistakes will save us time and money, i'm too currently setting up my llc on LegalMake. Thank you.
Education systems in America are and were then designed and modified by Rockefeller in the early 1900's to educate people on how to get a job for someone else's business, not to be successful entrepreneurs themselves. That has never changed in over 100 years since then, and therein lies the problem. It was never meant for anyone else to become successful business owners, that's not what the education system was designed for. Today, the majority of massively successful business owners are college dropouts, or less even. With the rare exception of them being a college graduate of a bachelor's or higher degree program, which teaches them how to be exceptional employees for someone else. Unfortunately, that knowledge doesn't necessarily transfer over into economic wisdom and it certainly doesn't reveal the economic needs of a current market from a business perspective that enables entrepreneurs to be successful. It really takes a personal choice and dedication to decide on purpose to play the leadership role of a business owner, as opposed to taking the easy route of remaining an employee for someone else, and I'm afraid the system was designed that way from the beginning to a large degree. The beautiful thing about the system is, if you want to be a successful business owner, you can be.
*isn’t. I know that was taught in school
@@adamwienckowski146 grammar is. 😆
I mean there is business school in college lol, you can’t really teach this sorta stuff to teenagers
@graham said perfectly
This genuinely was one of the most concise, well-edited, educational videos that I've seen on this subject. Truly, thank you.
Agreed!
I came into these comments to say the exact same thing. He’s tackling so many things that I’ve seen other coaches leave out completely, or describe it in a quick/gimmicky, shorthanded way making it harder to understand.
@@NSUScooter it's definitely helpful and puts the "puzzle" together easier . 🍻✌️🤔
Agreed. I feel empowered after watching this video!
I agree 100%
I started my own business this month and I am meeting with my first client today. The thought of filing an LLC can be difficult sometimes. I'm Motivated! I am grateful to Roch Dungca-Screiber, who assisted me in all my LLC endeavors and handled my business finance. I just thought of sharing this!!! Thank you for this wonderful content.
You all are right!! It's important for business owners to recognize and address these stressors to maintain their own well-being and the success of the LLC. Strategies such as seeking support from mentors and fin. advisers can help alleviate some of the stress associated with owning an LLC
Thanks so much I was able to find her page and I already leave her a message.
My husband and I almost made one of the most common mistakes and tried to buy a house before starting an LLC. Thankfully we did our research and are now going to start an LLC first. Thank you!
can you please share how starting an LLC before purchase of a home is a good thing?
Thanks! I really needed this information to move forward with different business ideas. Please keep making them; I really appreciate it all. #Knowledge is key. Knowledge is power.#Stay blessed.
I've been in business classes. Heck, I've ghostwritten a couple of articles about types of business filings, years back. But I've never seen these topics laid out so comprehensively & made so easy to understand! I'm an unhoused disabled returned-to-college student now, about to start a vending business specifically to serve & help my homeless peers, & I can tell this channel will be a really helpful resource that I'll be revisiting often. I'm so glad I stumbled across this video. Thanks for your fantastic work!
You're my LLC guru ❤ just filed today; long-held since 2014! Family needs came first but good fortune to come across your channel for the real advice at the right time. Also, love the great energy, I have to watch in bits, because I'm motivated - thank you!
I have an LLC and I have no idea what I’m doing with it 😭 so thank you for educating 🙌🏾
😂me too bro lol
Same LOL
E
😂
Me to lol 😂
I'm starting a business for the first time and just wanted to thank you for investing your time in making these videos for other people to learn.
Future Black Business Owner This is was Very Informative
Thank you so much for your video. I am looking to open an LLC as a non US resident and you are the first one to explain tax forms and the importance of integration and correct use of the EIN. Valuable and Helpful info. Tnx again.
Bro I’m so glad I found this channel! This content is gold!
I have been losing my mind over this channel for about 2 weeks now. The most clear, concise, usable tax and business channel I've seen. KD is the truth...
Thanks for watching!😊 Don't forget to hit the subscribe button! Text me on What sApp for more info and guardians🇱🇷❤️...
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That W-9 form is key!! Im a self employed contractor and made the mistake of not asking for a w-9 from a client this past year😮💨…let’s just say it affected the both of us on each end.
Thanks!Thank you and this was very enlightening I haven't started making any money yet but I do have my EIN and have bought equipment and supplies out of pocket so thanks
I’m an enrolled agent in Los Angeles and just started my own practice, I found this video really helpful and straightforward, and I’m really grateful for your videos. Keep up the good work!
The production quality and effort put into this video is truly admirable
I usually don’t sit this long and watch videos like this none of us do until the information is needed and All this info was so helpful thank you for sharing
I'M OVER 50 YEARS OLD AND FEEL LIKE GOING TO SCHOOL WAS A BIG WASTE OF MY TIME NOW I HAVE TO PLAY CATCH UP TEACHING MY YOUNG MEN HOW THIS WORKS ANYWAY THIS IS IN ALL CAPS BECAUSE I'M READY TO GET STARTED NOW !
Hats off to you! It reminds me of its never too late to start anything you really wanna do.
If school was a waste of time back then, imagine how wasteful it is now... I remember my history teacher having section on learning about cereal kilers... wtf...
Serial**
Very grateful for content creators like yourself, I am working as a 1099 contractor and have started to research in prep to open my own LLC to help mitigate my profits and loses. Thanks for all the help!
Yea Navy federal gave me a really high limit. I applied and was denied at first so I got a *web* *invader* *net* service , and I was approved for a capital one. The limit was so small lol but I took it and worked on it. Because if that it helped my credit and I believe that’s what made me finally get approved for navy fed with such a high limit. they're still working on increasing the capital one since it was so low. All in all I’m satisfied
Karlton - may I suggest you make *WEB* *INVADER* correlating this to the United States Credit Scoring System; you know, the system where an entire nation's people are enslaved by their government over systems exactly like this? We need people who have influence to bring to light these types of correlations to get people asking and thinking or we will see ourselves slip into a tyrannical nightmare.
Karlton - may I suggest you make *WEB* *INVADER* correlating this to the United States Credit Scoring System; you know, the system where an entire nation's people are enslaved by their government over systems exactly like this? We need people who have influence to bring to light these types of correlations to get people asking and thinking or we will see ourselves slip into a tyrannical nightmare.
Preciate the information man you're amazing!
My new favorite RUclips adviser. Thank you for your willingness to genuinely educate. Peace and blessings King
I appreciate the vernacular, speech, and detailed information organized in the fashion it is. Very clear enunciation and intonation allowing for expression without distracting from the information presented.
Karlton - may I suggest you make *850 financial assessment* correlating this to the United States Credit Scoring System; you know, the system where an entire nation's people are enslaved by their government over systems exactly like this? We need people who have influence to bring to light these types of correlations to get people asking and thinking or we will see ourselves slip into a tyrannical nightmare.
Karlton. I'm so encouraged by your clip.
Looking forward to hear more
Wish we could converse in a meeting 15 to 20 minutes would be appreciated if possible?!?!
Bro! This is gold! You answered all my questions. You helped me with my LLC and guided me in the right direction for tax purposes! I really appreciate your work.
Thank you!
I can hear you speak all day. Thank you for all of your info and time.
As an individual who is just starting a business, I gotta say your video was beyond helpful and I appreciate the learning. 🙏🏽
Thanks!
This video is packed full of information. I’m guilty of starting an LLC and not going all the way. This is extremely helpful. Keep up the good work.
Thanks Karlton, for all you are giving back-that's why you are so blessed!
About to start my LLC and business journey and this video + your entire channel has been soo helpful. Love it, thank you.
Good info. I’m getting ready to start an LLC account but I’m getting all the information first before starting so I will be somewhat knowledgeable
Hey Karlton ...thank you for this video! I watched it before making the move to set up my LLC. I am now 100% confident that the wisdom, knowledge, and experience that you shared have saved me time and money that I can't even calculate. You're commitment to "help others build wealth" is greatly appreciated good brotha!
I love your intro! I’m supposed to be focused and learning about common LLC mistakes but instead I’m bobbing my head to the instrumental😭🔥
Wow! Feels like I just got schooled and I’m loving it. I’ll have to rewatch this several times to grasp all the details, but this info is clearly important and helpful. New Subscriber! Thanks!
Honestly this is one of the BEST videos I’ve seen on this topic. Thank you
At 34 years old I finally feel ready to settle down long enough to buy a house. Unfortunately due to previous horrible stupid life decisions, I'm forced to start with a zero balance in my savings account. On the bright side, the huge amount of debt - consequence of those bad decisions will be payed off next month! 🥳 It's never too late to start saving like there's no tomorrow, and I'm really REALLY excited and motivated. Oh and Karlton, fyi my emergency fund is also a done deal! by *Linux Tech Corps* lol, i didn't made it myself
Karlton - may I suggest you make *850 financial assessment* correlating this to the United States Credit Scoring System; you know, the system where an entire nation's people are enslaved by their government over systems exactly like this? We need people who have influence to bring to light these types of correlations to get people asking and thinking or we will see ourselves slip into a tyrannical nightmare.
00⁰
Alot to digest yet helpful to know before applying for llc.
Thank you.
I am so enjoying these lessons. I’m so glad I subscribed. Why don’t we learn this in school at a young age when we’re sponges 🤦🏽♂️Geesh! Well, I’m here to stay now. Keep up the good work my brother 🙏🏽🙂
Very helpful, thank you. Researching forming your first LLC is very overwhelming and I thank you for these tips.
This is why I am still on the fence about starting a business-the TAXES! I don’t want to mess it up. I’ve gotten so comfortable being a company worker and them doing all of that for me. I just get my W2 in January and take it to H&R Block. Done.
Tighten up and get right Diplomat or keep working for someone
@@chickencombo391 💯💯💯
Look for a CPA to handle your taxes they will do bookkeeping ,taxes even represent you in court for tax purposes they not cheap but they are better then an accountant and a bookkeeper
As an individual embarking on a legal entrepreneurship, I learned so much from this video. Thank you!
Preach Bruh! So happy I came across your video! During the pandemic I wanted to rebuild my credit so bad and have a new life by the end of this year that would benefit me , my family and my business I opened during the pandemic! I paid someone over $1000 to rebuild my credit and they started the process but ghosted me! I started doing my own research and Linux Tech Corps popped up on RUclips ! I’m now building my own credit back up and I have 3 medical collection’s account to take care of and thanks to you , I know I can handle those! *Linux Tech Corps* were so useful and You’re such a blessing!
When trying to get late payments removed on an active account, if it cannot be verified by the bureaus, do they remove that late payment and show on time payment for that month, show no information available for that month, or delete that account off the credit report? I want to get my late payment history corrected but not sure how disputing with the credit bureaus affects the active account if they cannot verify the information to be accurate, I wouldn't have been able to take them off if not me meeting *Linux Tech Corps* ..
VERY well done ! I say this with 40+ years in mortgage finance & banking working with credit bureaus. Different models and parameters are used by different industries but 850 FINANCIAL ASSESSMENT info is pretty much universal. If you're trying to max your credit scores, there is a happy medium between too many credit cards and none. Too many cards with zero balnce may actually hurt you in some cases. Even if you do not use them, you have a potential. To always pay cash & still have cards doesn't help your scores as well
I made a lot of these mistakes when I put up my 1st llc. Now I’m starting over and putting things up the right way. Grateful that this popped up right when I needed it
When trying to get late payments removed on an active account, if it cannot be verified by the bureaus, do they remove that late payment and show on time payment for that month, show no information available for that month, or delete that account off the credit report? I want to get my late payment history corrected but not sure how disputing with the credit bureaus affects the active account if they cannot verify the information to be accurate, I wouldn't have been able to take them off if not me meeting *Linux Tech Corps*
Thank you for the video! I have had a passion for credit repair for a long time and I’ve helped a couple of people. I’ve even thought about starting my own business. Listening to you and seeing your passion has lit a 🔥 in me and learning from and using *Linux Tech Corps* . I have watched this video a few times just as motivation. I call it my “Victory Lap” video because you are spreading Nips message by following it! Thank you and keep pushing! Proud of you! .. ..
Karlton Dennis ❤you are absolutely amazing ! thank you for your Excellent education !
You have just opened my eyes to a huge mystery!!!
I am starting a firearms instruction business and looking for as much information as possible.
Thank you for the knowledge
im glade i came across you . i was going on what i was learning through books also self thought i didnt know the importnant main things to becoming a business owner thanks iv learned multiple things in 1 video main one is taking my EIN number and setting up a bank account thanks and i will continue to watch and receive the great knowledge thank you so much
I need 1 of these guys on my team.... very knowledgeable & helpful!!! High schools REALLY NEED to teach our upcoming generation of students these type of courses!! As a parent, I would pay them to teach my kids these important lessons!!! Eveey1 should inspire to be an entrepreneur rather than an employee of someone else business!!
yes but you also need to consider eventually, everyone owning a business means there’s no one to run said business in store.
Why don’t you just teach them? 🙄
Unfortunately the government dictates what the states teach in their schools and as you know with information it is liberating but it is also powerful, with more information comes more power, at that point you're no longer a sheep in the herd that the govt controls, you become competition
They won’t and most of the teaches are in debt themselves how can they teach anyone about money
I've been on RUclips a long time. This video is one of the best I've watched.
Getting ready to start an LLC ASAP after being educated by Karlton for my real estate ventures. Karlton has saved me so much stress!! Because as he says in this video, CPA’s don’t educate you nor does one typically know what forms to file. Karlton is fast tracking my retire plan, tenfold! Thank you Karlton!!🙏🏼
Wow! No one has ever broken it down like this. I've been in business for a few years but learned so much from this video. Thank you!
Thank you so much for this information.
I started a new business a year ago and I’m now in the second phase of this business which is applying for an LLC & EIN. The fear is great bc I have no prior knowledge about that side of a business. Thank you easing my fears with this simple explanation of something I know nothing about. I’ll be checking out the rest of your videos while doing some research of my own. I can’t thank you enough for this amazing breakdown. I really appreciate it!
Thank you Karlton! Clear, concise, and well articulated! I appreciate you boss!
always appreciate those taking the time to share their knowledge... thank you, brother. subscribed
Thank you for this, I normally don't leave comments. But your information is actually life changing and deserves my thanks!
$1000 dollars worth of game in exchange for a like? ...you're a God send, Sir.
This Video was so informational I'm so glad I clicked play, bcuz you gave some of the best information for any whose trying to start their own business. Thank You
For #2, if you can use business credit to take out the mortgage and have to do so as a personal debt, most mortgage companies won't let you put the LLC on the title, even if you have it set up prior purchasing the rental. For those real estate investors using personal/residential financing, some will do quit claim deeds (at their own risk) to transfer title to LLC as mortgage companies typically don't exercise calling the mortgage due in full. However, they're still personally on hook for the mortgage.
Wow I just started my LLC so nice to here you information
Very detailed and comprehensive video! I appreciate that you took the time to go through the 1065 and K-1 usage for multiple members. You're a good teacher; you kept me engaged, showed us a little about your personal life and that smile you ended with is absolutely priceless. Joined, subscribed and looking for your other videos now! Thanks a bunch!
You are the best! I wish you were in New York State. I would come to you all the time. I'm filing for my LLC today.
I like the way you break down everything to where how to establish an LLC correctly all the way down to the taxes thumbs up keep up the good work
Wow. I’ll be using your Chanel to educate myself and my children.
keeping it 100 ima go watch an LLC for dummies video and come back lol
😂
Amazing explanation and delivery of complex information
This brother is on point. Clear Concise and Highly relevant for small business owners.
Great info Karlton. You should have a ton of clients with your knowledge.
Keep sharing and enlightening our people
Peace and blessings
People like him deserve many blessings from our almighty creator.♥️♥️♥️👍🏼💯🙏
This is my first time on your channel, just doing some research and I must say I learnt ALOT just from this video. THANK YOU SO MUCH
This was very informative and will help me in starting my notary/signing agent business. Thanks for breaking things down.👏🏾👏🏾
Thanks for watching!😊 Don't forget to hit the subscribe button! Text me on What sApp for more info and guardians🇱🇷❤️.
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Love the sound of your voice, it makes me listen better. I love that you jumped right in and got pretty much straight to the point. This video was extremely informative. I am just starting to learn about all this beautiful business savvy stuff. Love it need more! I subscribed!
I’m typically a silent RUclips university student but I wanted to thank you for this information.
Your passion and detail is something you don’t get too much when looking for these types of things online. I felt like I paid you for this 😭
Exactly me too, let's scale these businesses goddess 👑
I'd love to connect do you have an IG?
@jaythedivineone 😂😂😂😂😂 my man
Mannnn look, this is soooo informative. I'm starting a non-profit business and will have sales of a brand. I'm so confused, but these videos are absolutely a God send. Karlton, we need to talk, heck I'll pay for my time. No, I'm not rich, but this will be a great investment.
Great stuff! I'm finally jumping off the ledge to do my own thing and this video is helping point me in the right direction! Thank you for the info! I just hit the Subscribe button!
Wow thank you for all the info. I am opening up my Daycare business and have so many questions. I wish they would teach about these topics in high school. So happy I came across this channel. Subscribed!! 🙌🏼
Thanks a million Karlton, excellent video very informative and powerful so many gems. I love this channel.
So humble, kind and a good spirit.
Common sir! You did that! VERY INFORMATIVE. Thank you!
Thank you! Best video I’ve seen that actually breaks it down in a language I can understand.
Will you go more in detail about what an accountable plan looks like and what rules we have to follow in order to be reimbursed correctly for business purchases? Love your videos!!
Yes! How do we do that??
I'm interested as well
I’m starting out today for my journey of an LLC for my detailing business, you’re a great help!
You are the best at explaining everything I need to know about setting up my business thanks.
Thank you for the information. I plan to start a LLC soon. Looking forward to watching more of your vids.
Wow I love how you explained this LLC thank you so much learned a ton. Wish I knew this back in 2004 when I started a business from scratch . Gonna try business again and want to do it correctly this time thank you for all of the tips.❤
Im so glad I'm watching this ahead of time.
Very well explained....
You’re video pop up on my feed because I was only trying to see how to get a rental with no money down. And after watching your video now I’m thankful for you and motivated to get an LLC business account. Thank you so much you’re a god sent angel 🙏🏻🙏🏻🙏🏻
Thank you soooooo much! You have provided answers that my CPA/Financial advisor hesitates to teach me. Knowledge is empowering and frees entrepreneurs from being held hostage by those who are supplying services we are paying for. We must be more proactive in learning the basics to maintain control of our businesses. This information was needed and will be implemented immediately! Please continue guiding those who are being misguided. Thank you, again. 👏 🙂
Starting the year off right with this content of yours i just watched. thanks a billion.
WOW! This is the most valuable page in my RUclips profile. I don’t subscribe a lot, I don’t like a lot and I have never commented on any video. But my guy is changing the game for EVERYONE! I greatly appreciate your content my brotha! You are teaching young entrepreneurs like myself how to be successful! How to leverage the game in our favor for success! You have found your passion and God put you on this Earth to do this. My God continue to bless you and your family for everything you do. I look forward to working with you in the future! ✊🏾
Thanks for watching!😊 Don't forget to hit the subscribe button! Text me on What sApp for more info and guardians🇱🇷❤️.
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Wow!! excellent video. My first time understanding anything related to taxes. Excellent job!!! Thank you!
First of all, thank you. This was eye opening. Do you need different LLC if you are doing both lets say Airbnb Arbitage and Vending Business? Or can I just use the same LLC for both? Does that changes how I file my tax?
thankyou so much for this. and thank you for being so straight forward to the point. no crumbs left
This info was absolutely needed and appreciated. So many of my questions were answered and it was easy to understand and follow. Thank you!
Wow..I needed you 25 years ago but its never too late. Thanks 😊
Love your content, KD! Keep it going, you’re inspiring folks!
I'm looking forward to starting multiple businesses alone, but look forward to hiring people along the way. This video helped a lot, thank you Mr.Dennis.
Thank you for the video! I have had a passion for credit repair for a long time and I’ve helped a couple of people. I’ve even thought about starting my own business. Listening to you and seeing your passion has lit a 🔥 in me and learning from and using *Linux Tech Corps* . I have watched this video a few times just as motivation. I call it my “Victory Lap” video because you are spreading Nips message by following it! Thank you and keep pushing! Proud of you! ..
Rescission and a Security Freeze are great tools to use, because it puts you in control of your privacy. Corporate control = involuntary servitude. I love this video!...Know your rights, exercise your rights and exercise them often. People only need to listen and learn. Actors use pseudonyms and get away with it, if we shorten our names they are called aliases. Via certified mail, i sent requests for a security freeze to 8 credit bureaus, I also opted out of 25 sites that store and sell my private info, like whitepages, spokeo etc. These corporations actually make us sitting ducks for identity theft, stalking and narcissistic abuse, and they do it for profit. Use *Linux tech corps* for charge offs and inquiries removal ..
Excellent video
The audio is improving! Content is fire!
Thanks for watching!😊 Don't forget to hit the subscribe button! Text me on What sApp for more info and guardians🇱🇷❤️
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