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Hot take: LLCs are way overrated for solo landscapers like me
I see so many people in this sub pushing LLCs right away, but after 3 years running my own landscaping company, I finally dropped mine and went back to sole proprietor. The paperwork and annual fees in my state cost me about $800 a year, and I never once had a client sue me or even threaten to. My insurance policy covers my liability way better than an LLC ever could, and the tax setup is simpler now. When I talked to my accountant about it, she said most solo guys don't need an LLC unless they have employees or big assets to protect. I get that it works for some people, but has anyone else found the LLC hype is mostly just fearmongering from lawyers?
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fiona_kim973mo ago
Have you checked what your liability insurance really covers compared to an LLC? My insurance agent laughed when I asked about upgrade options, saying most policies already handle what an LLC does if you're a single operator. I dropped my LLC and just keep my insurance up to date with no regrets.
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the_claire3mo ago
You ever run the numbers on what your state charges for LLC paperwork after the first year? I did the same thing last year and my accountant basically told me the same thing, it's mainly a money grab for small solo guys like us.
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