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Updated about 6 years ago on . Most recent reply

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James Orellana
  • Member since Dec 24, 2018
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James Orellana's profile image
James Orellana's profile image
James Orellana
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James Orellana
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General Landlording & Rental Properties

How to pay yourself as a landlord with no LLC?

James Orellana
Posted

Hi all,

New to this so bear with me if any questions are obvious. I was wondering how do you pay yourself as a landlord with no LLC? After reading some Bigger Pockets intro books and it states no matter what I want a separate checking and savings account even if I don't form an LLC. Is it a simple as transfering money from one account to another? (I know good bookkeeping is a must in any situation)

Thank you!

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