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
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
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!
I swear, I could watch and listen to Aiden all day. She is so smart and thorough.
@keytlaw
6 жыл бұрын
so knowledgeable
Thank you for making me less ignorant about all this. And the graphics were a visual bliss,
Love that you're teaching me like I'm 5 years old lol It's actually pretty helpful
@meechiigaming2359
3 жыл бұрын
Hahaha 😂
@jessicam2056
2 жыл бұрын
Yessss. We need it broke down
@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
2 жыл бұрын
@@Sr_iRL Sounds like a wise person
@ITILII
Жыл бұрын
Hope you learned at least at that level !!!
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
4 жыл бұрын
Aww...🙂Ditto!
I love ❤️ her 😍 she is sooooo helpful one of the few people on KZread that actually gives you useful practical information. 🔥🔥🔥🔥🔥💯
Love her advice one of the few people that actually gives useful and practical information. 🙏🏾💪🏾✅
You make learning about boring stuff really fun! lol thank you
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
Adorable!!! And exactly what I was looking for, to a T. Thanks Aiden!
May God bless you and your business 1000 fold. You really helping a lot people
Thank you! Love your high tech graphics!
Thank you for the informative video!!!! Love the “expensive” graphics🤣😂🤣
Thanks Aiden, I keep coming back to your videos.
This video is awesome and the graphics! Well, I was definitely blown away.
I love your personality 💖 such a beacon of light, breath of fresh air very informative thank you so much!
@AsiaticWorldTv
5 жыл бұрын
Yes she is!!!!!!
Thank you so much babe. This answers my question even though I live in Canada. Cheers.
I’m so thankful for all your videos
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 :~)
Such enjoyable and educational videos💎💙. And excellent high tech graphics lol!👍Thanks so much for sharing!🙂 You're help us a lot!
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.
You are a blessing. Thank you for the videos. God Bless!
@keytlaw
6 жыл бұрын
great videos!
@breianafrance8634
5 жыл бұрын
She totally is! 💖
Thank you for exposing this so effectively! Super helpful !
Very informative. You never disappoint! Thank you for sharing.
Thank you for your graphic designers department for this fantastic depiction, and your succinct explanation. This helped a lot! Cheers! 🤠
Clutch. I've been looking for "personally buying things for the business" answer fo hours. Thank you
Brains beauty & humorous personality🙏🏽 I instantly started crushing!.... o Yes I forgot; thank you for the information!~
When I tell you I love those expensive graphics!! Those graphics won me over to subscribe! We must have the same graphic designer lol.
I laughed so hard when you showed the picture I had no idea that’s what it was gonna be 😭🤣🤣 great video
Awesome video and very helpful!! I especially though the visual aid was perfect by the way, lol
I Love your Cartoon presentation. Thank you, for your honest. I really need hear this.
Love the humor and advice. Thanks for the video.
This woman is sumn else...minds blown!!!! Graphics!!!! Too funny very nice video
Great educational videos, but your personality is on point! lol Great stuff!
You are hilarious! Thanks for the info and for being entertaining.
I mean, the art though, I’m impressed! 🤣❤️
Love your sense of humor
This video absolutely rocked you made it so clear thank you God bless
hahaha.. love the graph! I was expecting a lot more.. but it blew me off the water haha
Cheers to the “real” graphics team! 👍
Great information, thank you. Very cute graphics also her briefcase matched her outfit!..👍
Thanks for the good clear video and the top notch graphics :)
I'm new to your channel and the content is well received. Thank you.
super informative! Thank you for the help!
I came just for the graphics :) Thanks for sharing this info.
Thank you for the tips!
Super awesomeness thanks for this video. It clarified a lot for me
Love you and your sopisticated graphics! 🤣🥰😍🙏🏿
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
6 жыл бұрын
such great stuff!
Glad I found this channel
😂 ok you’re a great teacher wtf. This was so awesome and made it easy to understand
Totally into these videos!!!
Thank you for the great graphics
Thank you, very well explained!
Salute to the graphics department. Amazing job
Lol!!! You Got me with the Visual Presentation! Jajajaja
Great video!!! Very Informative. Thank You!
Great video!
@keytlaw
6 жыл бұрын
agreed!
very helpful video. graphics did their job and more !! thank you.
Helpful it was! Thank you!
Thank you. This was so helpful.
Thank you for the great info!
Thank you for sharing this. Was sound advice.
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.
These videos are very informational and helpful!
@allupinyobiz
9 жыл бұрын
Love to hear that! Thanks for watching!
Thank you for this information!! 🤗
Great video! Thank you.
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 ?
Thank you for sharing information
Killing me w those graphics! LOL
These are the best.
Actually laughed out loud when you introduced the graphic lol
Your videos are awesome.
You crack me up with your humor
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.
also the high-end graphics were worth every penny!
@allupinyobiz
9 жыл бұрын
THANK you! Glad they're being appreciated. :-)
@keytlaw
6 жыл бұрын
graphics were great! haha
@seccat
4 жыл бұрын
Hope you wrote off the expenses for the Graphics Artist. 😉😉
2023 Still all up in yo business.... Thanks much!!!
Great information Thank You
this video solved everything for me
Omg it’s 2022 this was so informative ty
[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_
3 жыл бұрын
Now 6 years old and info in this video is still relevant! (...and those graphics are ADORABLE lol)
Thank You so much 👍🙏
informative video. thanks.
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?
Thank you!!
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?
Love it
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 ?
awesome vid
Great info
Thank you for the video and information. If we do the loan is important to get it notarized?
Legend has it, that graphic is actually an ancient prophetic text from the lost city of Atlantis
Got it. It has to be treated as a Loan. 😊
The KZread algorithm is weird. But I like these videos
Excellent
Love your videos. If I transfer $9000 from my annuity to my single member LLC this would be considered member contribution.
answered my question!
Girl! You crack me up! You are a total triple threat :-*
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