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Updated over 3 years ago,

User Stats

5
Posts
0
Votes
Pedro Morais
  • Investor
  • Boston
0
Votes |
5
Posts

How many credit cards do I need for my LLC portfolio

Pedro Morais
  • Investor
  • Boston
Posted

Hi BP, 

I have several LLCs where each one holds one individual property. All of the LLCs have their own EIN and separate bank account. In order to pay for certain expenses by credit card, can I use one LLC's credit card to pay for expenses related to the other LLC's and then simply pay it back via a distribution?

Thanks,

Pedro

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