General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply
Started a LLC question
Hello all. Just started up my LLC. Would you suggest that you separate everything regarding your LLC from your personal so they don't have any connection? I know I should have a separate bank account, but would you separate an email account as well?
Most Popular Reply
Originally posted by @Brad Kanouse:
Hello all. Just started up my LLC. Would you suggest that you separate everything regarding your LLC from your personal so they don't have any connection? I know I should have a separate bank account, but would you separate an email account as well?
Hi Brad, you will need your own bank account for the LLC, an email is less important, but I take every precaution to keep things separate. If you are sued and the judge believes you have pierced the veil, your personal assets could get throw into the lawsuit. An accountant or lawyer would be able to explain things better, do you have one?
Forrest Faulconer