- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Correct way to invest in LLC & Paying LLC partner
Hello,
I am starting a new LLC with 2 members (me & my wife). I wanted to ask what's the correct way to do initial investment in there should I deposit directly from my personal account? Also me and my wife will be partners in this new company but I will be the one investing money and she will be the one working. At least for six months I don't believe we will be making any money because there is so much work that needs to be done. I have a full time job and have some extra income so I want to invest the extra savings into LLC and compensate her for the work she is doing. What would be the correct way to achieve this? Also will it better to setup a C or S-Corp then setting up an LLC?
Any recommendations will be very helpful.
Thank you.
Topics:
‎December 13, 2022
7:22 PM