Best Way to Pay Myself from My LLC

[Sarah Selle]

Hi all!

I have one mid-term rental (mainly travel nurses) set up in an LLC. It's been running a few months and starting to make some money, so I'm trying to determine the best way to...

1) Pay my mortgage and home expenses.

2) Pay myself.

My home was purchased through the kindness of my parents; they allowed me to use their HELOC. I have been paying out of personal funds. I want to be sure I'm not "piercing the veil," and I want to avoid paying more taxes than necessary.

Any help would be appreciated! I reached out to several contacts in the area, and they only work with larger companies. :( Just need some advice to head in the right direction.

Thank you!