Newbie Question..... - GoFuckYourself.com

tapout3 · 07-31-2011, 10:22 PM

My wife and I are seriouly looking into doing a website. Our question is about incorporating our website or not...is this common to do or is it not? Any feedback would be wonderful.

Markul · 08-01-2011, 01:33 AM

I'm not sure what you mean by that question... ?

tapout3 · 08-01-2011, 07:18 AM

I mean is it better to make our business a LLC?

stach14 · 08-01-2011, 10:08 AM

What are you looking to gain by doing this?

GARY LEE · 08-23-2011, 12:04 AM

This is really an attorney question and even depends on your state so an attorney from my state of California might not give you the best advice.
Getting down to basics it is better to incorporate for tax purposes if the income from your site will be substantial. Usually a new site won't be that lucrative, not trying to sound pessimistice just being real. A corporation will pay $800 even if it operates making no income. My first year in business I was lucky to break even. Server fees, equipment costs, commercial office rental, and the list goes on and on. By operating with a privately held DBA you don't pay that $800 every year.
If your assets are very substantial and you think you might be sued then you might think about a corp. If Manwin wants to sue you for stealing their content (LOL) then all they can get is your company, they can't come after your house, car, and first born.
After you decide to incorporate then you have to decide about c-corp, s-corp, or LLC. Are you getting it now? Talk to a lawyer in your area.

relyx · 08-24-2011, 12:40 PM

I think 99.99% of the people on here are just operating as sole proprietorships, I think it is very relevant to know what kind of sites you will be doing. are you making a paysite or a blog to promote affiliate content or a TGP or a cam site or....?

07-31-2011, 10:22 PM	#1
tapout3 Registered User Industry Role: Join Date: Oct 2010 Posts: 10	Newbie Question..... My wife and I are seriouly looking into doing a website. Our question is about incorporating our website or not...is this common to do or is it not? Any feedback would be wonderful.

08-01-2011, 10:08 AM	#4
stach14 M3Server.com Industry Role: Join Date: May 2011 Location: Washington Posts: 667	What are you looking to gain by doing this? __________________ M3Server - Celebrating 25 years of hosting Proud Sponsor of GFY.com Fully Managed Virtual & Dedicated Servers Chris Stach - [email protected] Skype: chris.stach14 https://www.m3server.com

08-23-2011, 12:04 AM	#5
GARY LEE Confirmed User Industry Role: Join Date: Aug 2007 Location: Paso Robles, CA. U.S.A. Posts: 600	This is really an attorney question and even depends on your state so an attorney from my state of California might not give you the best advice. Getting down to basics it is better to incorporate for tax purposes if the income from your site will be substantial. Usually a new site won't be that lucrative, not trying to sound pessimistice just being real. A corporation will pay $800 even if it operates making no income. My first year in business I was lucky to break even. Server fees, equipment costs, commercial office rental, and the list goes on and on. By operating with a privately held DBA you don't pay that $800 every year. If your assets are very substantial and you think you might be sued then you might think about a corp. If Manwin wants to sue you for stealing their content (LOL) then all they can get is your company, they can't come after your house, car, and first born. After you decide to incorporate then you have to decide about c-corp, s-corp, or LLC. Are you getting it now? Talk to a lawyer in your area. __________________ amateur porn videos lipstick lesbians

08-24-2011, 12:40 PM	#6
relyx Registered User Industry Role: Join Date: Feb 2011 Posts: 55	I think 99.99% of the people on here are just operating as sole proprietorships, I think it is very relevant to know what kind of sites you will be doing. are you making a paysite or a blog to promote affiliate content or a TGP or a cam site or....? __________________ Buy & Sell Ads on The Most Sexy Advertising Network on the Planet available ad spots \| sign up now Celebrity Sex Comics \| All Deep Throat \| Famous Toons Fucking

08-01-2011, 01:33 AM	#2
Markul Likes Pie Industry Role: Join Date: Dec 2007 Location: The land that liberated porn Posts: 12,402	I'm not sure what you mean by that question... ?

08-01-2011, 07:18 AM	#3
tapout3 Registered User Industry Role: Join Date: Oct 2010 Posts: 10	I mean is it better to make our business a LLC?