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Updated almost 9 years ago,

Daniel Patton's profile image
Daniel Patton's profile image
Daniel Patton
  • Real Estate Investor
  • from Chicago, Illinois
  • Member since Feb 24, 2016
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User Stats

70
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7
Votes
Daniel Patton's profile image
Daniel Patton's profile image
Daniel Patton
  • Real Estate Investor
  • from Chicago, Illinois
  • Member since Feb 24, 2016
Connect
Daniel Patton
  • Real Estate Investor
  • Chicago, IL
7
Votes |
70
Posts
Goals, Business Plans & Entities

LLC questions

Daniel Patton
  • Real Estate Investor
  • Chicago, IL
Posted

So I am currently set up as a sole member LLC (officially as of today) but have not yet filed the 8832 or 2553.

My question is, does anyone have their LLC set up so that the only member is actually their living trust? If so, do you pay yourself as a w-2 employee to avoid self employment taxes?

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