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Updated over 5 years ago on . Most recent reply

User Stats

102
Posts
80
Votes
Justine Scheuher
  • Investor
  • Louisville, KY
80
Votes |
102
Posts

Funding REI Business account with personal funds

Justine Scheuher
  • Investor
  • Louisville, KY
Posted

Hey BP Family, I feel like this is a really simple question/solution but I can't wrap my head around it. 

I started separate business and personal accounts for clean book keeping. I invest in SFH and small MFH. As I need to replenish funds (I'm just starting out)...can I just deposit my personal money into the business bank account? What should I label this transaction so it doesn't look like income?

Before I opened a business account for my 4plex, I paid a handful of bill via my personal account. How can I rectify this?

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