We are considering setting up a MMLLC (taxed as partnership, filing 1065) with one US partner, and one foreign partner (disrelated, not family). If the foreign partner owns 25% or more, is a 5472 required?

For non-US residents with an ITIN, is it generally more tax-efficient to invest through a US Multi-Member LLC or a personal US brokerage account? What are the main pros and cons of investing directly through the LLC versus distributing profits to members and investing personally? I'd be interested to hear what others have chosen and why.

Hi everyone, I am a non-US resident and the sole owner of a US Single-Member LLC. My business is 100% online, selling physical products in the US market exclusively through the Amazon FBA program. I don't have an office, a physical warehouse, or any employees in the US. I manage the entire business from my computer in my home country. I see a lot of service providers and blogs claiming that if you are a non-US resident with no physical overhead of your own, your LLC is completely tax-exempt at the federal level, and you only need to file informational forms (like Form 5472). But here is my doubt: since my inventory is physically stored in Amazon's US fulfillment centers before being shipped to US buyers, does that count as a physical presence? Does having my stock in FBA warehouses actually make my LLC's profits subject to US income tax? I would love to hear from other foreign sellers or tax professionals who have experience with this. Thanks in advance!

I am looking for developers who are based in the United States for my idea. Let's connect!

Cheapest is not always best. But for the price sensitive individuals what is the absolute minimum to register a llc for?