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Updated about 1 year ago,

User Stats

28
Posts
47
Votes
Cody Malave
  • New to Real Estate
  • Stuart, FL
47
Votes |
28
Posts

How To Pay Yourself From Your Properties

Cody Malave
  • New to Real Estate
  • Stuart, FL
Posted

Perhaps this isn't the right place to ask this, but in the most innocent way possible I am curious as to how people who have quit their jobs in order to pursue investing as a full time gig make money. Basically anything I've read states that you have to keep your money separate from the properties or any personal assets can become a liability and at a risk of loss. If you are creating an LLC for your investments, how does one (eventually) use the income made on investments as personal finance without blending the two? If not operating or investing under an LLC, how do you prevent your personal assets from the risk of potential lawsuits?

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