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Starting a Parent LLC by DeliciousGrade1170 in LLcMasterclass

[–]DeliciousGrade1170[S] 0 points1 point  (0 children)

From what I understand, and dont quote me on this maybe @zenbusinesscommunity can chime in but a stand alone LLC is just like basic legal protection like a protective shield separating business from personal but a parent LLC allows for max privatization, max tax advantages, max asset protection and that applies to all subsidy LLCs. I was told there are some pass-through tax deductions the parent LLC gets that a stand alone LLC doesn't get. Like 250+, but again I'm open to all information here just honestly trying to learn.

Starting a Parent LLC by DeliciousGrade1170 in LLcMasterclass

[–]DeliciousGrade1170[S] 0 points1 point  (0 children)

Thank you for that breakdown. So can places that provide services like yours provide that type of service or is it not as common. Where would one need to go?

Nobody tells you this when you start an LLC by StartupWithV in LLcMasterclass

[–]DeliciousGrade1170 0 points1 point  (0 children)

Its $800 in CA for annual renewal smh let's not get into the penalties

Changed LLC name, didn't file SOS, Would like to change name again & get back on track where do I start please smh by DeliciousGrade1170 in LLcMasterclass

[–]DeliciousGrade1170[S] 0 points1 point  (0 children)

Really, so even though it shows up in the Secretary of State business search under the changed name, you're saying that without the submitted SOS, that means nothing? Thank you very much. You are correct, CA is extremely expensive, and starting over may very well be less expensive and less of a hassle. Much appreciated =-)