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Updated over 1 year ago,

User Stats

7
Posts
6
Votes
James Brants
  • Odessa/Midland, TX
6
Votes |
7
Posts

Loan in my name but LLC paying

James Brants
  • Odessa/Midland, TX
Posted

Good morning,

I close on a house tomorrow but the mortgage is in my personal name but the financials come and go from the LLC (monthly rent, closing, all expenses, book keeping). Will that income reflect into me at the end of the year or will it reflect onto the LLC? (I'm trying to separate my work income from the rental by leaving a paper trail from the LLC)

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