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Updated over 7 years ago on . Most recent reply

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16
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6
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Brady Hurs
  • Atlanta, GA
6
Votes |
16
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Moving Money to Pay For My First Property?

Brady Hurs
  • Atlanta, GA
Posted

Buying my first property!

So I have my business checking account (day job), a personal checking and now I have the LLC's checking.

Most of the money is in the day job biz account. When I go to wire the money, what is the correct way to move that money into the LLC checking? Would it be wrong to go from day job biz-->LLC? Or should I go from Biz-->personal-->LLC?

My worry here is that I might get in trouble if it looks like my day job business funded a real estate account since biz and personal get taxed differently. 

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