Hello Everyone,
I'm just starting out and want to start buying equipment for product development over the next few weeks. I also am using one of the rooms in my house as an office. I am still trying to see if my ideas are viable and won't be selling anything in the near future.
1. Is the first step I need to do is setup an LLC?
2. What do I need to do purchase I start buying equipment?
3. Can I use equipment, office supplies I currently have without opening myself up to having the LLC veil pierced?
4. How do I setup the home office for tax purposes?
Please let me know if there any other information I need to worry about, etc.
I'm just starting out and want to start buying equipment for product development over the next few weeks. I also am using one of the rooms in my house as an office. I am still trying to see if my ideas are viable and won't be selling anything in the near future.
1. Is the first step I need to do is setup an LLC?
2. What do I need to do purchase I start buying equipment?
3. Can I use equipment, office supplies I currently have without opening myself up to having the LLC veil pierced?
4. How do I setup the home office for tax purposes?
Please let me know if there any other information I need to worry about, etc.
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