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All Forum Posts by: David MAhon

David MAhon has started 0 posts and replied 1 times.

Post: LLC for real estate and stock investing

David MAhonPosted
  • Contractor
  • Mountlake Terrace, WA
  • Posts 1
  • Votes 0

@Eamonn McElroy - I am in similar situation as @Jeremy Lee. My goal is to simply to pull in higher returns for the idle cash sitting in my 2 member LLC Bank Account. The other member is passive and has granted me implicit approval to invest as I see appropriate. I would think pulling this capital into my own personal brokerage, tracking the basis, and then returning the profits would be a bigger headache then just opening a new account in the LLC's name?