How to Place Your Vehicle in Your LLC (2024)

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Putting your vehicle under your LLC can be highly beneficial for a number of reasons. However, many people have no idea how to actually go about doing this. It is possible to put your vehicle under your LLC whether you bought it in your personal name, or whether you want to buy a new vehicle and put it directly under your business.

In this video, tax expert Karlton Dennis walks you through the process of transferring the title of a vehicle you already own to your LLC and buying a new vehicle through your business. He also explains all of the benefits of putting your vehicle under your business as opposed to owning it under your personal name.

Considering the fact that millions of LLC owners either already own a vehicle under their personal names or need to use a vehicle for business purposes, this video is extremely relevant for business owners. If you want to learn how to place a vehicle under your LLC to capitalize on all of the advantages of doing so, then this video is a must-watch.

CHAPTERS:
0:00 Intro
0:37 Transferring a Personal Vehicle to Your LLC
3:12 Buying a Vehicle with Your LLC
5:52 Insurance
6:25 Benefits of Placing Your Vehicle Under Your LLC
8:46 Outro

*Disclaimer: I am not a financial advisor nor am I an attorney. This information is for entertainment purposes only. It is highly recommended that you speak with a tax professional or tax attorney before performing any of the strategies mentioned in this video. Thank you.

#businessvehicle #llc #taxplanning