I've Set Up Over 50,000 LLCs. Here's What NOT To Do!

Mark J Kohler April 14, 2025
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Mark J Kohler

@markjkohler

About

America’s #1 Tax & Legal Expert Mark J. Kohler isn’t just another CPA—he’s a wealth-building, tax-slashing, business-scaling expert who’s been helping American entrepreneurs succeed for over 30 years. As Senior Partner at KKOS Lawyers, Co-Founder of Directed IRA (ranked no. 391 on Inc. 5000), 5 time bestselling author, Mark has been a trusted voice for small business owners nationwide. He’s been named Tax Advisor of the Year and been a guest for Fox, Bloomberg, The Wall Street Journal, Yahoo! Finance, NBC, Wharton School of Business, and put him on the global stage at the World Economic Forum in Davos. Mark’s Main Street Business podcast, Tax & Legal 360 events, social media platforms, and Main Street Professional Certification Program, help take the complexity out of taxes—enabling thousands to keep more money, grow faster, and build lasting wealth. Find me at my page: https://markjkohler.com/

Video Description

Setting up an LLC? Don’t fall for the hype. In this eye-opening episode, Mark J. Kohler reveals the LLC setup strategies smart business owners use to save on taxes and protect their assets. With over 50,000 LLCs formed by his team, Mark knows what works—and what will land you in trouble. Discover why filing in your home state is often better than Nevada or Wyoming, how to use an operational vs. investment LLC, and how to tie everything together with a revocable living trust. Mark also covers common rookie mistakes like putting your spouse or kids on your LLC, using the wrong EIN, or skipping your operating agreement. Episode Highlights: • LLC setup for real estate investors and small business owners • What DIY services don’t tell you (until it’s too late) • Real talk: Why 90% of Wyoming LLCs are a waste of money • The role of trusts in business planning • How to avoid IRS red flags and protect your privacy Are you thinking about Tax Advisory?...Book a FREE discovery call today to explore how the Main Street Tax Pro certification can work for you: https://mainstreetpros.com/lp/book-a-discovery-call Join me at this year's Main Street 360 Event - https://mainstreetpros.com/main-street-360/ Free Resources: Ebook & Newsletter: https://markjkohler.com/youtube/ Blog: https://markjkohler.com/blog/ Podcast: https://mainstreetbusinesspodcast.com/ Find A Tax Pro: https://taxadvisornetwork.markjkohler.com Services: Call the Main Street Tax Pro Team: (520) 800-0986 KKOS Lawyers (My Law firm): https://kkoslawyers.com/contact-us/ Directed IRA (My Trust Company): https://directedira.com/appointment/ Main Street Business Services: https://mainstreetbusiness.com/ Connect: Website: https://markjkohler.com/ LinkedIn: https://www.linkedin.com/in/markjkohler Facebook: https://www.facebook.com/markkohler/ Instagram: https://www.instagram.com/markjkohler/ X: https://x.com/markkohler TikTok: https://www.tiktok.com/@markjkohler If you liked the video, please give it a "Thumbs up!" and subscribe to see more!