LLC vs Corporation vs Sole Proprietorship

https://youtube.com/watch?v=48o0HZ5pTS0I know that this video is confusing. So things to take from this video: 1. The main advantage of LLC's and Corp's is to protect personal property and assets 2. LLC's and Corporations are separate entities. So if your company is sued or defaults on a loan, they cannot go after your personal property 3.Corporations are Double Taxed. Once at corporate level (usually 20-40%), and once as dividends (10-40%) 4. Corporations have shareholders (like any company on the stock market), LLC's have members (one person can own 70%, another 30% etc.), and Sole Proprieterships are owned by one person (most self-employed people are SP's) Stock Market Mastery Program: http://bit.ly/2hurfQO Podcast: http://chapplerei.com/corporation-vs-llc/ LLC vs Corporation vs Sole Proprietorship Website! http://chapplerei.com (under construction) On Instagram! https://instagram.com/jack_chapple_real/ On Vine! https://vine.co/u/1176331971736293376 On Twitter! https://twitter.com/JackChappleSci On