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Updated about 3 years ago on . Most recent reply
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Insurance claim and hiring LLC to manage & invoice contractors?
Hello community,
Let me frame this up. My wife and I own a rental in our name. We also have a LLC that has a property management agreement with 'us' to manage the property.
Sunday we had a pipe burst which caused significant damage. The house is a STR and no one was present at the time it burst. I went and performed mitigation measures which were OK'd by the insurance agency. The adjuster came etc and I'm waiting to hear back on what/how much they will cover.
The question is this: Can I use the LLC to issue an invoice to me for the time and materials needed to take mitigation measures as well as repairs moving forward?
Would love input on this. I don't want to do anything 'illegal' but in effect, I am doing a lot the work and it seems legit that I be paid (IMO)
Thanks