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Updated over 12 years ago on .
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LLC -- Most important things after it's setup?
I just got my first LLC made for my future rental properties.
Can anyone give me a high level 'most important' things to know about using an LLC?
For example, I know I now need to:
1. Get a checking account under the LLC name.
2. Sign any contract/insurance using the LLC name.
Anything else to be aware of?
Most Popular Reply

[url]John M. I'm assuming you've contacted a lawyer and have your business plan together. I haven't set my LLC up yet, but have talked to a lawyer and CPA. The main thing when operating under an LLC is to make sure you do not mingle the LLC funds with your personal accounts. Don't pay personal bills with your LLC bank account, etc. I'm very interested to hear what the seasoned pros here have to say about it. Congrats on the LLC!