this post was submitted on 07 May 2025
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You will need to document those Owner / Capital Contributions very clearly so if an audit happens you can prove how that money got into the LLCs account.
Speaking of that account; your Contribution may not be considered Revenue but any interest earned from it sitting in a bank account almost certainly will be and unless you record offsetting expenses then you suddenly have profit...which is subject to taxation.
If that isn't enough then there's State, County, and sometimes even local regulations to consider. For instance you lived in Denver, Colorado you may be on the hook for "Occupational Privilege Tax" which is $4 per month per employee. Is the owner of a single member LLC considered an "employee"? I dunno but you should know that this stuff exists and find out before it bites your ass off.
For the most part LLCs are cheap and easy, right up until somebody from the Government decides to poke their nose in, which is how so many people get in trouble with them.
So Good Luck with this and let me know when your instance goes live. :)