YouTube says "always Wyoming LLC." Below $40K net profit, that advice loses you money.
LLC · S-Corp · Trust — when to form one, and when it costs you
Who this book is for
Business owners, self-employed professionals, and landlords — tired of "structure salesmen" or paying to maintain too many entities
Does this sound familiar?
- — Three LLCs, $2,000+/year in upkeep — and no idea what they actually protect
- — "Put rental income in an S-Corp to save tax" — advice that actually costs you
- — Dormant entities quietly draining accounting fees every year
What this book does
The Trifecta (Trust–LLC–S-Corp) principles + a "do NOT form" decision table (❌/△/✅) with break-even numbers. The manual the market skips: dismantling and deferring over-structure.
Table of contents
- 01 How structures work (Trifecta · living trust · charging orders · Many Hats)
- 02 When not to form (the $40K break-even · Schedule E trap · decision table · dismantling)
- 03 Isolation design (vehicles · retirement accounts · Series LLC)
- 04 Doing it right when you do (75% penalty · BOI/CTA · maintenance calendar) / three personas
What's included
- ✓ Ebook PDF
- ✓ Workbook (decision flowchart · break-even worksheet · dismantling checklist)
- ✓ Structure break-even xlsx (traffic-light)
⚠️ Entity and trust law varies widely by state, and BOI/CTA shifts quarterly — always confirm for your state of residence.
This material is general information for educational purposes only — not tax, legal, or investment advice. Examples of tax savings or returns are illustrative and do not guarantee individual results. Review with a licensed professional (CPA, EA, or attorney) before acting.