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Updated over 1 year ago,
What account do you use to pay your mortgages on your rentals to avoid comingling ?
Hi guys,
Ive been trying to figure out how to pay mortgages on my rentals to make sure there is no co-mingling of 2 different LLC's funds or my personal funds with those LLC funds.
So lets say you have a house that is in an LLC, and the tenant paid the rent into the LLC's bank account. Do you send the mortgage payment and pay all of this LLC's expenses from that account?