Mark Kohler explains why using your home address as your registered agent exposes your personal information publicly. He covers the cost-benefit of professional registered agents, the difference between S-corp and C-corp tax elections, and why the right combination of entity type, tax election, and management structure matters for privacy and liability protection.
Chapters
Did you place yourself as registered agent and your home address? Maybe you don't want that on a public record. Who is your registered agent? And by the way, are you paying out the butt for that? Is it too expensive? Maybe you could do it more affordably. So registered agent is a common mistake we see clients make with the wrong entity, person, or address. Number 2, did you make the right tax election? Is this supposed to be an S corp? Should have it been an S corp? Did you make an S corp and it shouldn't be? Oh, heaven forbid you're doing a C corporation. Are you the member? Who's the member? Is your trust the member? Are you the member? Oh, you did member managed? Oh my gosh. Now the whole world knows who owns Don't want that. So we've got address issues, privacy issues, manager, members. Is your structure proper in the big scheme of things? Do you have a trifecta? Do you even understand why you did this LLC, or do you just do it because the influencer said to do it? And I'm not trying to be demeaning here. We're all trying to build wealth and grow and all that, but there's some things that could be structured