Entity and bank setup, checklisted
Lesson 4 of 6 · Keep what you made
1 · Learn the move · Template pattern
Most sellers set up an LLC and a bank account once and then let the edges blur: a deed taken in a personal name because the title company asked on a busy day, a tax bill paid from a personal card, a note made payable to the wrong party. Those gaps cost money at year end and can cost more if anyone ever tests whether the entity is really separate. A fixed template makes the gaps visible. Every row is a thing that should be true, every cell says what your records show and where, and an unknown reads [NEEDS: ...] instead of a reassuring blank. The model does not recommend an entity type, a state to form in or a tax election, and it does not compute any filing due date. Those belong to the attorney, the CPA and the state filing office. What it does is show you, row by row, where your paper does not match the structure you meant to have.
Build a table: ITEM | WHAT MY RECORDS SHOW | SOURCE | WHO CONFIRMS | STATUS. Use exactly the rows I list. Fill cells only from my records. Unknowns read [NEEDS: the record]. STATUS is MATCHES, GAP or UNKNOWN. Do not recommend an entity type or tax election, and do not compute any due date. [rows] [records]
2 · Your turn. You write the prompt
You formed an LLC two years ago to buy and sell land. You have the formation certificate, the bank's account letter, recent deeds, your two notes and a card statement. You suspect not everything went through the LLC. Write the prompt that checks your setup row by row before you meet your CPA.
Write the prompt for this scenario as given, or swap in a real one from your own work. The score works the same either way.
Remember: the AI sees only your prompt, not this page. If the situation isn't in your prompt, it doesn't exist.
Optional. These shape the output when you run your prompt below, not your score.