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refugeplays OP t1_jad1fai wrote

Reply to comment by Win-With-Money in Recommended Banking Accounts by refugeplays

Thank you for all of these recommendations. Swapping from SP to LLC has been one of those things in the back of mind for a while now but I just have never taken the time to do it

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Win-With-Money t1_jad1ylx wrote

It's super easy to do in most states. Not sure which state you are in, but I've had three LLCs in three different states and they all took about 15-30 minutes to create and cost about $200 each to file. The hardest part was picking the LLC name ha!

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refugeplays OP t1_jad254h wrote

I started the SP in MS but have since moved to TN. Also another part of the process was moving the business to a new state as well

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Win-With-Money t1_jad3p2v wrote

Smart move, TN is beautiful, great cost of living, and NO state income tax.

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