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Updated about 11 years ago,
llc question
I have been reading a lot of llc threads and I have a general question and a couple of specific questions. I have been reading about the need to separate my stuff from the llc stuff. I have caught bits and pieces of things in various threads, but my general question would be could someone list in one place everything I should do to make sure my llc looks like a separate entity from me.
My more specific questions would be what to do if I personally buy a rental property then form an llc. How do I get it to the llc without calling the mortgage or comingling. My other question would be how to fund the llc without it being considered mixing my finances and the llc's finances?
The primary scope of what I want to do is buy and hold sfr's for passive income if it makes a difference in what advice to give me. Thanks in advance