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Updated over 12 years ago on . Most recent reply

Casey S.'s profile image
Casey S.'s profile image
Casey S.
  • Real Estate Investor
  • from College Station, Texas
  • Member since Feb 19, 2011
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User Stats

105
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18
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Casey S.'s profile image
Casey S.'s profile image
Casey S.
  • Real Estate Investor
  • from College Station, Texas
  • Member since Feb 19, 2011
Connect
Casey S.
  • Real Estate Investor
  • College Station, TX
18
Votes |
105
Posts
Rehabbing & House Flipping

How to pull flipping profit from LLC?

Casey S.
  • Real Estate Investor
  • College Station, TX
Posted

My familys has a LLC set up that is mostly used to pay for my grandmothers care via rental propertys. I am the manager and I do not take a salary or any other payment from the LLC. I know you arent supposed to comingle funds between yourself and the LLC. I want to use funds from the LLC to do some flips and I would like to take the majority of the proceeds for myself. How do I go about it while maintaining the integrity of the LLC?

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