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Are you employed? Do you own and operate a business? Do you have a portfolio of stocks that are bringing in passive income? LLCs typically only help save on taxes if they’re operating as a business or if they hold significant assets that can make $$ for you. Not sure if that’s the context you’re asking or what your personal situation is.
No, you can’t commingle your personal assets with a businesses.
In order to get tax benefits, you would create an LLC and operate it at a loss. This means there has to be some sort of business surrounding it where you’re making some effort to generate revenue, not just an empty entity that you allocate personal expenses to
Yes
Mentor
Unless you have a bunch of business expenses for side hustles that you want to write off for tax purposes you aren't going to magically save in taxes just by having an LLC since they are pass through tax entities
Got it, thanks.