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Drop a 💰 if you are still putting money into your business 🙃🙃. A business is like a baby … it ALWAYS needs money 😩😩 So if you are “self funding” your LLC make sure you are documenting it CORRECTLY so your contributions are not taxed as income‼️🚫 . You need: 1️⃣Capital Contribution Agreement ▪️this is the contract that states how much money you contributed to the LLC when you opened it 3️⃣LLC Loan Agreement ▪️This is the contract you use when documenting funds you put in after the LLC has been up and running All of these contracts are available in the LLC Kit📝 Click link in bio for products This also works for S-Corps💯 Let me know if this video was helpful😉 www.thefirmcbgroup.com ☎️ 832-883-4844 📧 info@thefirmcbgroup.com #thefirm #businessattorney #entrepreneur #entrepreneurlife #limitedliabilitycompany #SmallBusiness #nodaysoff #millionamonth #seeyouatthebank #BusinessLaw #Contracts #BusinessLawyer #HoustonBusinessLawyer #BusinessLife #WomenInBusiness #LLC #contracts #llctips #smallbusinessattorney #smallbusinesslawyer #businesstips #businessformation #houstonllc #smallbusinesstips #contracttemplates #legaltemplates #legaltemplates #operatingagreement #llcloan
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