How Do I Contribute Money to My LLC? - All Up In Yo' Business

Are member contributions tax free?

Love her advice one of the few people that actually gives useful and practical information. 🙏🏾💪🏾✅

When I tell you I love those expensive graphics!! Those graphics won me over to subscribe! We must have the same graphic designer lol.

I laughed so hard when you showed the picture I had no idea that’s what it was gonna be 😭🤣🤣 great video

mmm..... Graphics!

I mean, the art though, I’m impressed! 🤣❤️

Girl! You crack me up! You are a total triple threat :-*

Still good quality

Great video!!! Very Informative. Thank You!

awesome vid

Legend has it, that graphic is actually an ancient prophetic text from the lost city of Atlantis

Omg it’s 2022 this was so informative ty

Thank You so much 👍🙏

Great information Thank You

do have a document for a member contribution

im ready to invest my own money in my LLC. how can done it

😂 ok you’re a great teacher wtf. This was so awesome and made it easy to understand

I have searched the interwebs and there is barely any content on this subject. Yet it is important for self funded businesses. Thank you. May I request you make an updated video.

This video absolutely rocked you made it so clear thank you God bless

If you are asked about that "member contribution" by the IRS how do you prove it was in fact your money you invested in your LLC and not money you acquired from your business?

Can you put your payroll in your business account as a member contribution to begin

Love your sense of humor

If you treat it as a loan, are there any taxes benefits versus if you treat it as a contribution?

Thank you for exposing this so effectively! Super helpful !

Thank you for sharing this. Was sound advice.

How do these differ when it comes to filing taxes?

2023 Still all up in yo business.... Thanks much!!!

Hello! Thank you for the video and mind-blowing graphics! Can you please help me to understand how do I handle my "inventory loan" to the company? So I am am Amazon seller, non-US resident (I am from Ukraine). I had my Amazon account in 2021, but only in 2022 I did registered as LLC. So at the moment of the LLC registration I already had some inventory at my Amazon account. It was my inventory loan to the LLC. I know that money loans are not tax-deductible, so I can NOT put in my expenses loan repayment if it were money. But what about inventory? If I can not put in the expenses the cost of this items, it will mean my profits will be not real, it would be like if I sell goods that I got for free. Can I put in my P&L expenses repayment to myself for the inventory I loaned to my LLC?

What about child support and single member llc?

How do you categorize contribution from 1 business you own to another start up business that you own, without wanting to categorize it as a loan?

How incredibly helpful your video is. I enjoyed it and learned from it. I transferred $100 from my personal BOA Checking to my business LLC Checking.

Helpful, but I have a next level question lol. How do I contribute say a price winning, like a car? I win a car, it’s worth x amount, yes I will use it as more than 50% business purposes. Instead of declaring current personal car to the llc, can i some how get a deduction through an llc by having won a car? Thank you 🙏🏽

Thanks for this video. My question is this...if i treat it as a member contribution, do i give a cheque, bank transfer or cash from my personal account to the LLC account and juat record it in my books as members contribution?

You changed a lot from eight years ago. In a good way though.

Thank you for your graphic designers department for this fantastic depiction, and your succinct explanation. This helped a lot! Cheers! 🤠

Is it okay to put the money directly into the business account from my personal

I like you for this, please kindly accept my view and replays 🖤

Question Aiden, when I sign the loan that I'm agreeing to with my sole proprietary llc. do I need to have that notarized?

My business is hurting right now, so I definitely need to contribute from my personal. So if I choose to right it as a member contribution. Do I just need to tell this to my tax person? Also when I do it with bank write in the note statement ( member contribution) right?

I know this is old but you are very helpful and quite easy to understand and pleasant to watch. Graphics are phenomenal, my mind is still blown LOL

Ill graphics. I see you are using Leonardo AI for them. On point!!!

If you do a member contribution and get it back via distributions, doesn’t that mean you have to then pay taxes on the distribution again, even though you paid taxes when you got the money the first time, before putting it into the business?

Very helpful but how to get your investment back without taxing it?

I need help

9 years later, you got bigger and sexier 💋

Hot girl you nailed it. That was the answer I've been looking for the whole day watching 100s of videos

Thank you so much for your help

Great advice. Very clear.

On the operating agreement it has an inital contribution section, I paid out of pocket for my business. Do you need to write a specific amount ? Do you also have to have proof of personal funds used?