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Updated about 4 years ago,

Chuck H.'s profile image
Chuck H.'s profile image
Chuck H.
  • Rental Property Investor
  • from Houston, TX
  • Member since Dec 5, 2017
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User Stats

40
Posts
20
Votes
Chuck H.'s profile image
Chuck H.'s profile image
Chuck H.
  • Rental Property Investor
  • from Houston, TX
  • Member since Dec 5, 2017
Connect
Chuck H.
  • Rental Property Investor
  • Houston, TX
20
Votes |
40
Posts
General Landlording & Rental Properties

Venmo, Paypal, etc. with an LLC

Chuck H.
  • Rental Property Investor
  • Houston, TX
Posted

For those who use Venmo, Paypal, etc. to collect rent, how do you handle it with your LLC structure? My Venmo and Paypal accounts are my personal account. I receive the rent then immediately transfer it to my LLC's business checking account. I'm afraid this way of doing it will allow an opportunity to pierce the veil.

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