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Updated over 4 years ago,
With a Series LLC, rehabs costs are taken out of where?
Hello BP and CPA's! Newbie question here: I'm buying a house with a "sub-series" (Series LLC in Texas). My question is should rehab money come from the same sub-series, or can/does home improvement costs come from the parent LLC or another sub-series that is dedicated to exclusively rehab? Thanks in advance.