I was afforded an opportunity to invest in some producing oilfield assets and started an LLC for liability reasons. I’m a little out of my depth as far as how to structure the LLC, how to minimize taxes, and how all of this intertwines with my personal finances and taxes. The LLC is obviously a separate entity and will have its own bank account, but as far as what I should claim in which category (personal vs business), I really don’t have a good handle on and want to make sure I don’t make a mess I’m ill-equipped to clean up. Happy to pay for the services, just looking for recs if anyone has a good contact. TIA.
And in case @BMacHookem has a good rec:
And in case @BMacHookem has a good rec:
