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Updated over 8 years ago,
How much should I keep in LLC savings?
Quick question! I'm working on getting my LLC set up for my property management business.
What I currently do, is keep a business savings account that is my "investment"
Account - meaning it is strictly off limits except for real estate purchases.
My thought is, once I get the company set up, to take all but $1,000 for incidentals out and put that into a savings account at a new bank that is harder for me to access on a whim.
Just wanted to see what everyone else is doing! Thanks in advance!