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Updated over 3 years ago on . Most recent reply

Elmer Javier's profile image
Elmer Javier's profile image
Elmer Javier
  • Member since Jun 13, 2021
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Elmer Javier's profile image
Elmer Javier's profile image
Elmer Javier
  • Member since Jun 13, 2021
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Elmer Javier
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6
Posts
Starting Out

Initial Capital Contribution for LLC

Elmer Javier
Posted

Could someone advise me on initial capital contribution? I recently opened up an LLC for my rental property and a business account.

1.How is it funded? 

2.Is the contribution in the form of Cash or could it be the property itself?

3.Would this need to be held in a bank account?

4.How much funding should I contribute?

Thank you in advance!

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