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Online business LLC incorporation

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Danax

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Joined
Oct 25, 2013
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$25
I have a question if someone could be so kind to help me out..

I am looking into creating an online business with no physical presence. I recently filed for an LLC in the state of Florida (where I live), but after doing some research and reading about the benefits of other states I wanted to hear your opinion on whether it would be advantageous to file in another state instead (such as Nevada or New Mexico) and if you recommended filing taxes as a pass-through entity or electing s-corp taxation to avoid self-employment taxes.

p.s - single member LLC

Thanks,
Danax
:)
 
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Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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