Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 4 years ago on .

User Stats

7
Posts
3
Votes

LLC Mixing of Funds Question for Tenant Management Software

Herb Lichtenberg
Posted

Hi BP Community,

I’m curious about what others are doing with this question. In my case, if each of my two properties will be set up on their own LLCs and bank accounts, where do the funds come from for the subscription fee on the tenant management software that manages both properties? I’m asking only in the interest of keeping things 100% separate and in the rare case of a lawsuit. Would using property A’s bank account for the subscription be a concern if property B had a lawsuit and would property A be at risk? Kind of an in the weeds question but I want to make sure I’m doing things correctly.

A correct answer can be “you’re over thinking it” too!

Thanks in advance!