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how to close an LLC were going to talk about the reasons you might keep it open the reasons you might want to close it pros and cons and then if you stick around Ill tell you exactly how to close that LLC [Music] so what type of LLCs are we talking about today were talking about LLCs that you may have filed yeah a couple months ago a couple years ago for an idea that maybe never took off you never got around to doing but youve got this LLC sitting out there well call it a dormant LLC theres not money coming in theres not a ton of uh assets theres its just an LLC that just kind of exists on paper we call this a dormant LLC this video is not for someone who has had a company thats had docHub gross revenues a lot of debts liabilities and things theres a real process so you got to go through to close out and work with creditors and then or bankruptcy that sort of thing that Im going to send you for professional advice to make sure that youre protecting yourself and you do
