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Updated over 4 years ago on . Most recent reply presented by

User Stats

65
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Brian Metz
  • Rental Property Investor
  • Fayetteville, NC
43
Votes |
65
Posts

LLC and Finances/Credit Cards

Brian Metz
  • Rental Property Investor
  • Fayetteville, NC
Posted

Hi BP friends, rookie question here. I have a few properties, but the next one will be in an LLC. Been reading up on the basics of that, however, do folks typically open up a new credit card for purchases? Sounds trivial, but definitely want to maximize points/rewards for purchases and I have a couple cards that offer excellent benefits, but in my personal name. Just looking for some insight into how this shakes out, or if folks typically open a business credit card or none at all.

Thanks!

-Brian

Most Popular Reply

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5,195
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6,098
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Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
6,098
Votes |
5,195
Posts
Michael Plaks
#1 Tax, SDIRAs & Cost Segregation Contributor
  • Tax Accountant / Enrolled Agent
  • Houston, TX
Replied

If you have time to think about rewards and points, you're playing a small game and not using your precious time well. 

  • Michael Plaks
  • Loading replies...