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Updated almost 9 years ago on . Most recent reply

User Stats

7
Posts
0
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Brendon DeSimone
  • Investor
  • New York , NY
0
Votes |
7
Posts

LLC bank account for proceeds

Brendon DeSimone
  • Investor
  • New York , NY
Posted

I buy each house I buy/renovate/sell in a different LLC, solely for the purpose of the investment. When I close, I have to open up a new business bank account, just to deposit the money, only to close the account weeks later. They hold the money for like 7 business days and it's just all sort of a hassle. There has to be a better way to do this, no?

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