Do I need to expense this cost for the LLC, or leave it alone?

[Bienes Raices]

The portable alarm (lasershield) that I use is billed to my personal credit card. The alarm was in a house that I own in an LLC for a few months while the house was vacant.

In order to avoid co-mingling, do I need to do an expense report for the time period/monetary amount that the alarm was used at the LLC'd property? This is kind of a gray area because the alarm is also used at houses that I own in my own name when they're vacant. I currently own one house in an LLC and the rest are still in my name. Thanks.

[Will Barnard]

Originally posted by Bienes Raices:

Thanks--I didn't mean for taxes--I didn't claim this as a deduction. l mean could this cause a potential legal problem with the corporate veil by doing it this way (paying for the use of the alarm on the LLC property with my personal credit card).

Yes, it could as anything is possible and you are comingling funds. To prevent this, expense it and reimburse yourself showing a paper trail. From now on, pay the expense with LLC funds.