If you are sole member LLC you just take a distribution from your business account to your personal account.You are likely already reporting the income on a schedule E.

Quote from @Janet Lancaster: Hi all  My name is Janet Lancaster owner of Jade Peak Properties LLC.

His "team" has attempted to buy a couple of my properties in Cleveland, Ohio using a dead LLC. 

I'd like to keep savings and be able to hire out some of the work (something we have not done in the past).My thoughts are to put both into an LLC and look for investors or a business loan, and purchase and move to a new home.

We recently put the house under an LLC but are not sure if the lease should reflect the LLC as the landlord or keep our names.

I had never heard of such a thing.. and most private flippers dont know it either So like on our subdivisions whatever LLC we own it in that LLC also has to have a developers license .. so  If you have multple subdivision going in multiple LLC you need multiple developers licenses.. where this can stymie some folks  NOT EVERYONE can qualify for a Bond.

We are an LLC, but I wanted to know what type of reputational hit this will be for us and if this would show on our credit in any way.

Do any of you have experience with one or more of the Delaware Statutory Trust companies such as Kay Properties & Investments, LLC?

Sure, I wo't have the same financing options, but I might be able to work with hard lenders, or perhaps eventually set up a LLC and maybe that will open up some other financing avenues. 

I am the VP of OmniKey Realty LLC and we specialize in working with investors to grow their real estate portfolio.