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Main Street Business

252: Joint Venture versus LLC: Pros and Cons

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4584 Ratings

🗓️ 1 July 2019

⏱️ 49 minutes

🧾️ Download transcript

Summary

Understand when a Joint Venture Agreement is the best strategy compared to a Limited Liability Company. They are completely different and have pros and cons. Also, Mark and Mat lay out their weekly tax and legal tips in a fun interesting format. For more information and episodes visit: https://refreshyourwealth.com/ Grab my eBook 30 Unique Strategies Every Business Owner Should Know! You don't want to miss this! Secure your tickets for the #1 Event For Small Business Owners O...

Transcript

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0:00.0

Broadcasting worldwide on Internet Radio.

0:07.0

Refreshing takes on legal strategies.

0:10.1

Straightforward answers to difficult tax questions.

0:13.2

Independent ideas on building wealth.

0:15.8

It's the Refresh Your Wealth Show with Mark Kohler and Matt Sorensen.

0:19.8

Get your free copy of Mark and Matt's ebooks and sign up for their weekly free newsletter

0:24.4

with important tax deadlines and articles at refresh your wealth.com.

0:28.8

Now, here's Mark and Matt.

0:50.5

Yeah. Welcome, everyone to the refresh your wealth podcast with Mark Kohler and Matt Sorensen.

0:52.5

This is Matt Sorensen.

1:02.7

We are coming at you, not live, but from a recorded remote location in Las Vegas, Nevada, Sin City.

1:10.5

I thought you were going to say an undisclosed location, but you know, it's not fully disclosed, you know, partial disclosure on vacation.

1:14.9

I didn't tell my family were in Vegas, so I'm going to edit that part out.

1:16.1

I'm just joking.

1:16.9

We'll make sure.

1:18.3

We'll make sure that happens.

1:18.6

Yeah.

1:22.4

And of course, what the two guys do when they get together in Las Vegas?

1:24.3

They record a podcast.

1:24.9

Yeah.

1:26.2

We are players. You can tell we have no concept of Yeah, we are players.

1:34.8

You can tell we have no concept of fun when we're like, hey, let's get to the hotel and set up our podcasting equipment.

...

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