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Updated over 5 years ago,
Do you need and EIN and bank account for an LLC?
I'm looking at creating an LLC for some general real estate investing, however, it's a little daunting to ensure I'm doing everything required. Is an EIN necessary for single member LLC? Is a bank account set up in the LLC's name necessary? Do you have to show a 'salary' coming out of it to you, the sole member?