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6:51 am
November 3, 2011


Buck Inspire

Member

posts 1546
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Hi all,

 

I thought I saw this before, but I can't find it.  Was there a discussion before on how you classify your blog income?  Sole Proprietorship, LLC, S Corp, Corp?  Confused

Buck Inspire

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9:06 am
November 3, 2011


Eric – PersonalProfitability.com

Portland, OR

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posts 2120
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I am currently a Sole Prop but plan to file LLC paperwork on January 1 so I have a clean break (for taxes) turning my blog into an official business.

Eric Rosenberg

Narrow Bridge Finance | Finance Lifestyle

Facebook | Twitter | Wordpress Consulting & Freelance Writing

10:23 am
November 3, 2011


krantcents

Member

posts 909
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I will file as a sole prop. this year.  My blogging income  is very small at this point.

krantcents  – Making Sense of Money

Website:   http://www.krantcents.com

Fan Page:  http://www.facebook.com/krantcents

Follow me onTwitter:  @krantcents

RSS feed: krantcents

11:03 am
November 3, 2011


The College Investor

San Diego, CA

Admin

posts 1935
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Eric – NarrowBridge.net said:

I am currently a Sole Prop but plan to file LLC paperwork on January 1 so I have a clean break (for taxes) turning my blog into an official business.

I'm doing the exact same thing!

Please check out The College Investor at http://thecollegeinvestor.com!  This is the home of my Investing 101 Class.

Ready to Take Your Blog To The Next Level: http://beatthe9to5.com

You can also follow on Twitter @CollegeInvestin or Facebook at http://www.facebook.com/thecol…..geinvestor!

3:57 pm
November 3, 2011


Khaleef @ KNS Financial

Fat Guy, Skinny Wallet

Member

posts 3149
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KNS Financial, LLC handles everything related to the blog. I actually formed the LLC for my offline tax preparation business, but the blog quickly grew to be more than a hobby.

Khaleef "Fat Guy" Crumbley

My Battle to Lose 100lbs and Pay off $100k in Debt:

http://fatguyskinnywallet.com

http://twitter.com/FGSW

http://www.facebook.com/fatguy…..innywallet

Personal Finance From A Biblical Perspective:

http://knsfinancial.com

http://www.facebook.com/knsfinancial

http://twitter.com/knsfinancial

4:21 pm
November 3, 2011


Hunter @financiallyc

Virginia Beach

Member

posts 707
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Currently sole proprietor but planning to move to LLC soon. It seems to be the most appropriate structure for what I'm doing with the blog business.

Financially Consumed and Bike Lane Living

7:20 pm
November 3, 2011


Hank Coleman

North Carolina

Member

posts 363
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After about a year, I made the transition from sole proprietorship to LLC. I even made the move in the middle of the year with no issues. 

Hank Coleman – Money Q & A

http://moneyqanda.com

Money Q&A on Facebook 

Twitter - @MoneyQandA

hank@hankcoleman.net

8:18 pm
November 3, 2011


Suba @ Wealth Informatics

Moderator

posts 1876
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I plan to do the exact same thing as Eric, just to have a clean plate for next year. 

Visit me @ Wealth Informatics Financial freedom through information

Connect with me via Facebook Wealth Informatics page

Follow me with Twitter

Have a comment or want to say hello – wealth [dot] Informatics [at] gmail [dot] com

Editor @ Broke Professionals

4:41 am
November 4, 2011


Glen Craig

Member

posts 1087
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Sole proprietor here.  Would like to eventually LLC.

Glen Craig

Site: Free From Broke Personal Finance

Parenting Family Money

Twitter: @freefrombroke

Facebook: Free From Broke Personal Finance and Parenting Family Money
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