Good afternoon. Yes, you are correct...you can form an LLC for your business purposes. And, yes, the LLC offers the most flexibility and yet offers limited liability meaning your own personal assets are not at risk. A sole proprietorship is not recommended because you don't have limited liability. An S Corp would be the next in line after the LLC, but the LLC offers more flexibility in terms of contributions, preferential allocations of income/loss and distributions of money, and classes of owners. Those may not be important now, but could be down the road and there are no disadvantages of forming an LLC vs. the S Corp. So, botXXXXX XXXXXne...LLC!
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