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Updated over 7 years ago,
Give PM access to my bank acount ?
Hi,
I just bought my first house in Pensacola, FL and I've started working with a PM that is a friend of a friend who operates down there.
The PM asked me to give him a credit card and a checkbook so he can pay when needed from the LLC banking account, it doesn't seem right to give him full access to withdraw from the LLC account without any restrictions.
Does it safe to give the PM a credit card and a checkbook? does it customary?
There is a better way to do it?
*We decide to go with the strategy that every house has its own bank account, so the account mention above serves only this one house.
Thank you,
Ron