Yes, it is perfectly legal to pay yourself 100% of the profits from an LLC that you own. In fact, this is one of the key benefits of operating as an LLC. As the owner of an LLC, you are entitled to all of the profits of the business, unless you have agreed to share them with another member or have made some other arrangement.
Of course, just because you can do something doesn’t mean that you should. You’ll need to weigh the pros and cons of paying yourself 100% of the profits before making a decision. On one hand, it means that you get to keep all of the money that your business earns. On the other hand, it could be seen as taking advantage of your LLC status, and it may not be the most tax-efficient way to run your business.
Ultimately, the decision whether or not to pay yourself 100% of the profits from your LLC is up to you. Just make sure that you understand all of the implications before making a decision.
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