How Do I Contribute Money to My LLC? - All Up In Yo' Business

Тәжірибелік нұсқаулар және стиль

If you are starting a single-member LLC, or a multi-member LLC, there are two ways that you can give money to your LLC to use your own personal assets to capitalize your business:
1. As a member contribution.
2. As a loan.
Whether to call a contribution in a single-member LLC a member contribution or a loan is really a personal choice. But if you do decide to call it a loan, it is very very important that you actually treat it as a loan from you to your business. This means drafting and abiding by a promissory note setting for the terms of the loan, the interest rate, repayment terms, etc. You would have to sign that promissory note twice: personally as the lender, and in your capacity as the business owner and the borrower. You also cannot put higher priority on your own loan if the business has other debts. In a nutshell, if you want to make a loan to your single-member LLC, the most important thing is to remember that you personally are loaning money to a separate business entity. It is a real loan to a business, and it has to be treated as such.
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Пікірлер: 356

  • @MsNeuroSpicEE
    @MsNeuroSpicEE6 ай бұрын

    I know this is old but you are very helpful and quite easy to understand and pleasant to watch. Graphics are phenomenal, my mind is still blown LOL

  • @irisgarrido964
    @irisgarrido9644 жыл бұрын

    I LOVE LOVE LOVE your teaching style and your personality! The graphics are just very clear to understand. I hope you aren't breaking the bank creating them! haha In all honestly, I appreciate your videos in so many levels. My fiancee and I are starting our own business and your videos are giving us plenty of information that will help us ask specific questions to our attorney. I know that not everyone can afford to pay legal counsel or a CPA when starting a business. However, your videos give a clear understanding and help us conduct business with informed decisions. Again, thank you!

  • @missnikkidubose
    @missnikkidubose7 жыл бұрын

    I swear, I could watch and listen to Aiden all day. She is so smart and thorough.

  • @keytlaw

    @keytlaw

    6 жыл бұрын

    so knowledgeable

  • @jimc12
    @jimc125 жыл бұрын

    Thank you for making me less ignorant about all this. And the graphics were a visual bliss,

  • @csApollo11
    @csApollo114 жыл бұрын

    Love that you're teaching me like I'm 5 years old lol It's actually pretty helpful

  • @meechiigaming2359

    @meechiigaming2359

    3 жыл бұрын

    Hahaha 😂

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    @jessicam2056

    2 жыл бұрын

    Yessss. We need it broke down

  • @Sr_iRL

    @Sr_iRL

    2 жыл бұрын

    One of my teacher once told me, “if you’re confused about something go on the internet typed what you are confused about and type for kids”

  • @csApollo11

    @csApollo11

    2 жыл бұрын

    @@Sr_iRL Sounds like a wise person

  • @ITILII

    @ITILII

    Жыл бұрын

    Hope you learned at least at that level !!!

  • @iman11nami
    @iman11nami7 жыл бұрын

    I just stumbled across your videos today. ..you are literally amazing!!! thank you so much for sharing...you are very. ..informative. ..funny and witty...I will watch them all over again tomorrow lol...also I love how your hair grew in your more recent videos...stay beautiful (inside and out) thanks again...

  • @genesisomegadynamics

    @genesisomegadynamics

    4 жыл бұрын

    Aww...🙂Ditto!

  • @azaudi1642
    @azaudi16422 жыл бұрын

    I love ❤️ her 😍 she is sooooo helpful one of the few people on KZread that actually gives you useful practical information. 🔥🔥🔥🔥🔥💯

  • @azaudi1642
    @azaudi16422 жыл бұрын

    Love her advice one of the few people that actually gives useful and practical information. 🙏🏾💪🏾✅

  • @joiab11
    @joiab114 жыл бұрын

    You make learning about boring stuff really fun! lol thank you

  • @Jordanf777
    @Jordanf7773 жыл бұрын

    Me and my roomate just started a 2 member llc and have been making loans to it in order to have spendable capital. This was a great vid :) thanks

  • @RADUMUSROCKS
    @RADUMUSROCKS6 жыл бұрын

    Adorable!!! And exactly what I was looking for, to a T. Thanks Aiden!

  • @kellyjones9573
    @kellyjones95733 жыл бұрын

    May God bless you and your business 1000 fold. You really helping a lot people

  • @blinlee
    @blinlee7 жыл бұрын

    Thank you! Love your high tech graphics!

  • @Thewarlo
    @Thewarlo3 жыл бұрын

    Thank you for the informative video!!!! Love the “expensive” graphics🤣😂🤣

  • @mutantlabor
    @mutantlabor3 жыл бұрын

    Thanks Aiden, I keep coming back to your videos.

  • @chinmia
    @chinmia3 жыл бұрын

    This video is awesome and the graphics! Well, I was definitely blown away.

  • @breianafrance8634
    @breianafrance86345 жыл бұрын

    I love your personality 💖 such a beacon of light, breath of fresh air very informative thank you so much!

  • @AsiaticWorldTv

    @AsiaticWorldTv

    5 жыл бұрын

    Yes she is!!!!!!

  • @ChristaBello
    @ChristaBello4 жыл бұрын

    Thank you so much babe. This answers my question even though I live in Canada. Cheers.

  • @davidprince7977
    @davidprince79774 жыл бұрын

    I’m so thankful for all your videos

  • @33ladyRAM
    @33ladyRAM4 жыл бұрын

    Okay...I almost spit out my water with the graphic LMBO...that was absolutely awesome! I just found your channel...love your content and delivery! Thank you for sharing your experience and expertise. New subee :~)

  • @genesisomegadynamics
    @genesisomegadynamics4 жыл бұрын

    Such enjoyable and educational videos💎💙. And excellent high tech graphics lol!👍Thanks so much for sharing!🙂 You're help us a lot!

  • @jeffcorhn6613
    @jeffcorhn6613 Жыл бұрын

    How incredibly helpful your video is. I enjoyed it and learned from it. I transferred $100 from my personal BOA Checking to my business LLC Checking.

  • @FaceOffFacePainting
    @FaceOffFacePainting7 жыл бұрын

    You are a blessing. Thank you for the videos. God Bless!

  • @keytlaw

    @keytlaw

    6 жыл бұрын

    great videos!

  • @breianafrance8634

    @breianafrance8634

    5 жыл бұрын

    She totally is! 💖

  • @MrCashflowCastro
    @MrCashflowCastro Жыл бұрын

    Thank you for exposing this so effectively! Super helpful !

  • @MindOverMatter841
    @MindOverMatter8413 жыл бұрын

    Very informative. You never disappoint! Thank you for sharing.

  • @EmilAliev7
    @EmilAliev711 ай бұрын

    Thank you for your graphic designers department for this fantastic depiction, and your succinct explanation. This helped a lot! Cheers! 🤠

  • @Intellistan
    @Intellistan3 жыл бұрын

    Clutch. I've been looking for "personally buying things for the business" answer fo hours. Thank you

  • @JoseMendez-gz9nn
    @JoseMendez-gz9nn4 жыл бұрын

    Brains beauty & humorous personality🙏🏽 I instantly started crushing!.... o Yes I forgot; thank you for the information!~

  • @KBQuick81
    @KBQuick812 жыл бұрын

    When I tell you I love those expensive graphics!! Those graphics won me over to subscribe! We must have the same graphic designer lol.

  • @lovelyjabree
    @lovelyjabree2 жыл бұрын

    I laughed so hard when you showed the picture I had no idea that’s what it was gonna be 😭🤣🤣 great video

  • @davidm2262
    @davidm22629 жыл бұрын

    Awesome video and very helpful!! I especially though the visual aid was perfect by the way, lol

  • @kellyjones9573
    @kellyjones95733 жыл бұрын

    I Love your Cartoon presentation. Thank you, for your honest. I really need hear this.

  • @corygross9860
    @corygross98603 жыл бұрын

    Love the humor and advice. Thanks for the video.

  • @HEMPHILL84
    @HEMPHILL844 жыл бұрын

    This woman is sumn else...minds blown!!!! Graphics!!!! Too funny very nice video

  • @rodrigosalas3687
    @rodrigosalas36874 жыл бұрын

    Great educational videos, but your personality is on point! lol Great stuff!

  • @AndrieaDenise
    @AndrieaDenise4 жыл бұрын

    You are hilarious! Thanks for the info and for being entertaining.

  • @jasonsignor7237
    @jasonsignor72372 жыл бұрын

    I mean, the art though, I’m impressed! 🤣❤️

  • @jonstuartjon3
    @jonstuartjon3 Жыл бұрын

    Love your sense of humor

  • @justinrozema4671
    @justinrozema4671 Жыл бұрын

    This video absolutely rocked you made it so clear thank you God bless

  • @hernanecomh
    @hernanecomh2 жыл бұрын

    hahaha.. love the graph! I was expecting a lot more.. but it blew me off the water haha

  • @brianlewis9665
    @brianlewis96655 жыл бұрын

    Cheers to the “real” graphics team! 👍

  • @dc2280
    @dc22803 жыл бұрын

    Great information, thank you. Very cute graphics also her briefcase matched her outfit!..👍

  • @PH-md8xp
    @PH-md8xp3 жыл бұрын

    Thanks for the good clear video and the top notch graphics :)

  • @MsAllie-hf1bh
    @MsAllie-hf1bh2 жыл бұрын

    I'm new to your channel and the content is well received. Thank you.

  • @keytlaw
    @keytlaw6 жыл бұрын

    super informative! Thank you for the help!

  • @manuelh2703
    @manuelh27032 жыл бұрын

    I came just for the graphics :) Thanks for sharing this info.

  • @livesf
    @livesf5 жыл бұрын

    Thank you for the tips!

  • @raymondsfitnessjourney9158
    @raymondsfitnessjourney91586 жыл бұрын

    Super awesomeness thanks for this video. It clarified a lot for me

  • @b4utedy
    @b4utedy4 жыл бұрын

    Love you and your sopisticated graphics! 🤣🥰😍🙏🏿

  • @gwendolynmccall211
    @gwendolynmccall2118 жыл бұрын

    Thanks Aiden, your videos are great and really helpful! I love the way you break the information down very simply. BTW, love those graphics! Can I hire that designer!!?

  • @keytlaw

    @keytlaw

    6 жыл бұрын

    such great stuff!

  • @_OfficialFree
    @_OfficialFree3 жыл бұрын

    Glad I found this channel

  • @babypinhead7656
    @babypinhead7656 Жыл бұрын

    😂 ok you’re a great teacher wtf. This was so awesome and made it easy to understand

  • @AZAComics
    @AZAComics4 жыл бұрын

    Totally into these videos!!!

  • @jamessantiagorealtor9912
    @jamessantiagorealtor99125 жыл бұрын

    Thank you for the great graphics

  • @therealtornick7003
    @therealtornick70033 жыл бұрын

    Thank you, very well explained!

  • @tcrawford8430
    @tcrawford84302 жыл бұрын

    Salute to the graphics department. Amazing job

  • @vicenterivera69
    @vicenterivera693 жыл бұрын

    Lol!!! You Got me with the Visual Presentation! Jajajaja

  • @Northernlightscards
    @Northernlightscards2 жыл бұрын

    Great video!!! Very Informative. Thank You!

  • @YakMotley
    @YakMotley7 жыл бұрын

    Great video!

  • @keytlaw

    @keytlaw

    6 жыл бұрын

    agreed!

  • @ps2050
    @ps20504 жыл бұрын

    very helpful video. graphics did their job and more !! thank you.

  • @cryptowannabee7189
    @cryptowannabee71893 жыл бұрын

    Helpful it was! Thank you!

  • @letstalksuccess580
    @letstalksuccess5802 жыл бұрын

    Thank you. This was so helpful.

  • @InvestedMillennial
    @InvestedMillennial4 жыл бұрын

    Thank you for the great info!

  • @studiogerlich
    @studiogerlich Жыл бұрын

    Thank you for sharing this. Was sound advice.

  • @statementchirawu
    @statementchirawu Жыл бұрын

    I have searched the interwebs and there is barely any content on this subject. Yet it is important for self funded businesses. Thank you. May I request you make an updated video.

  • @mjones9308
    @mjones93089 жыл бұрын

    These videos are very informational and helpful!

  • @allupinyobiz

    @allupinyobiz

    9 жыл бұрын

    Love to hear that! Thanks for watching!

  • @furiousramsey7057
    @furiousramsey70572 жыл бұрын

    Thank you for this information!! 🤗

  • @dmontaigne5643
    @dmontaigne56434 жыл бұрын

    Great video! Thank you.

  • @aldojansel9439
    @aldojansel94394 жыл бұрын

    Thanks for the video! Love the graphics. Can I do this retroactively? I've bought a lot of materials in the past for the LLC that I'm opening. Could I get the receipts and Count then as materials to build the prototype product that I'm building for my LLC ?

  • @MiguelHernandez-rw4xu
    @MiguelHernandez-rw4xu5 жыл бұрын

    Thank you for sharing information

  • @stevenmason8286
    @stevenmason82865 жыл бұрын

    Killing me w those graphics! LOL

  • @blossermrbify
    @blossermrbify9 жыл бұрын

    These are the best.

  • @martinmurphy5139
    @martinmurphy51393 жыл бұрын

    Actually laughed out loud when you introduced the graphic lol

  • @juniorramos5250
    @juniorramos52505 жыл бұрын

    Your videos are awesome.

  • @idahopotato9382
    @idahopotato93824 жыл бұрын

    You crack me up with your humor

  • @rickcunningham4747
    @rickcunningham47473 жыл бұрын

    hello Aiden , been watching your videos for a couple days and just love the great info. question is , if I make member contribution to my LLC are there any guidelines I need to follow , or just deposit and record into the business records ? VERY VERY new to the LLC world... much thanks for any info and a great day to you and success always to your LLC.

  • @BalGreene
    @BalGreene9 жыл бұрын

    also the high-end graphics were worth every penny!

  • @allupinyobiz

    @allupinyobiz

    9 жыл бұрын

    THANK you! Glad they're being appreciated. :-)

  • @keytlaw

    @keytlaw

    6 жыл бұрын

    graphics were great! haha

  • @seccat

    @seccat

    4 жыл бұрын

    Hope you wrote off the expenses for the Graphics Artist. 😉😉

  • @bendeliveries
    @bendeliveries Жыл бұрын

    2023 Still all up in yo business.... Thanks much!!!

  • @DeniseLWrightHiers
    @DeniseLWrightHiers Жыл бұрын

    Great information Thank You

  • @yk8301
    @yk83013 жыл бұрын

    this video solved everything for me

  • @nayrenee
    @nayrenee Жыл бұрын

    Omg it’s 2022 this was so informative ty

  • @Zoonice
    @Zoonice4 жыл бұрын

    [Subscribed] Five years old and this video is still relevant! The graphics alone are so phenomenal! The information is informative! You should really consider becoming a KZread Partner if you are not already! Thank you @180LawCoLLC this was all I need this morning!

  • @le_th_

    @le_th_

    3 жыл бұрын

    Now 6 years old and info in this video is still relevant! (...and those graphics are ADORABLE lol)

  • @lechugaevencio6718
    @lechugaevencio6718 Жыл бұрын

    Thank You so much 👍🙏

  • @bobanyfingelf
    @bobanyfingelf5 жыл бұрын

    informative video. thanks.

  • @jgibman1
    @jgibman16 жыл бұрын

    If the startup contribution to an LLC is recorded as a loan and the business was subjected to a lawsuit does the lender/owner have priority over the plaintiff when it comes to reimbursement of said loan?

  • @BridGemini
    @BridGemini4 жыл бұрын

    Thank you!!

  • @aaroncameron1494
    @aaroncameron14945 жыл бұрын

    Someone told me if you own a sole proprietorship if you put a business advert sticker on your car then everytime you drive I the mileage is deductable on taxes. Does this sound right?

  • @tickertape27
    @tickertape274 жыл бұрын

    Love it

  • @kamara6392
    @kamara63923 жыл бұрын

    Hey Aiden, I appreciate the video, I was wondering do I need to write a check every time I want to contribute money to my llc or can I just transfer to directly since my llc and personal account have the same bank ?

  • @melohypewill777
    @melohypewill7772 жыл бұрын

    awesome vid

  • @jayromeo9631
    @jayromeo96315 жыл бұрын

    Great info

  • @michaelpallen14
    @michaelpallen142 жыл бұрын

    Thank you for the video and information. If we do the loan is important to get it notarized?

  • @charleslowe570
    @charleslowe5702 жыл бұрын

    Legend has it, that graphic is actually an ancient prophetic text from the lost city of Atlantis

  • @LifeHappens2
    @LifeHappens22 жыл бұрын

    Got it. It has to be treated as a Loan. 😊

  • @tonymens4845
    @tonymens48455 жыл бұрын

    The KZread algorithm is weird. But I like these videos

  • @diontaedaughtry974
    @diontaedaughtry9745 жыл бұрын

    Excellent

  • @sweatnmotion
    @sweatnmotion3 жыл бұрын

    Love your videos. If I transfer $9000 from my annuity to my single member LLC this would be considered member contribution.

  • @ShivKalola
    @ShivKalola2 жыл бұрын

    answered my question!

  • @user-xn6hi1hu9f
    @user-xn6hi1hu9f2 жыл бұрын

    Girl! You crack me up! You are a total triple threat :-*

  • @drawingimanitasong4243
    @drawingimanitasong42437 жыл бұрын

    Hi Aiden, your videos are amazing keep it up! I am from dubai, just started my work 2 weeks ago 🙈I have a quick question, the owner of the company I am working for wants to include his personal properties in the company assets, so I suggest he leases these prop to the company (financial leases). But actually he doesn't want to pull out any money from the business, so I am thinking to capitalize these properties as a contribution since already income rent and exp of these properties are received/paid by the company. Is there a way to consider it a contribution without changing ownership title ? Only by making an engagement that rent for exp of 30 years will be received by the company which is higher than Fv

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