In 2021, I created two different LLCs. I am the sole member of each of them. My understanding is that $5,000 of start-up expenses can be deducted in the year an LLC is created, but I can’t figure out if this is $5,000 per taxpayer or $5,000 per LLC. I'm hoping it's the latter, since there were separate costs involved for each LLC, but I don't want to assume anything.
