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Updated over 5 years ago on . Most recent reply

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Mahi Mir
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Can you spend/earn money from an LLC ?

Mahi Mir
Posted

If we have a new LLC to maintain the rental portfolio but the rental properties are still in personal names is it OK to spend money on the rental property using a business credit card and collect rent to the business account even though the LLC dont own the property but the properties are still owned on the personal name ? How do we build up the business credit for the new LLC ?

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