That means if the tenant pre-paid for a year and left, you then have the duty to find someone else and not just expect a year of rent.

This would include taking money from the LLC without following proper formalities, such as creating documentation that the withdrawals were distributions of profit; collecting rent and putting it into the individual member's bank account as opposed to the LLC's bank account; making personal purchases with the LLC's debit card; and -- you guessed it -- having financing in your personal name tied to the property which you hold in your LLC. 

Credits back to you would be prorated taxes and insurance, as these are prepaid here.  

We use cash app to generate the 10 debit transactions.

Ask them to pay via debit card and use Paypal or tell them you will have to add 3% to the fee to pay for the credit card fee.

You’ll need a true, thorough, preapproval, understand how much cash you’ll need to close (about 6% closing costs and prepaid taxes/insurance).  

My escrow went up, so I prepaid the estimated taxes and insurance, but my overall monthly premium went up although I have a fix rate.

But I'm curious so I've finally decided to post.When you buy a property and get a regular loan, I understand the accounting entries for that (debit to property/land assets and credit to the note payable liability, among other things).But say you buy a property "subject to".

So, for the books, would I just consider that a loan from my personal account, and then any payments would be debited from the LLC to my personal account and then I would pay on the loan from there?

Sounds like pre-paid legal advice.