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General Landlording & Rental Properties

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Teresa C.
  • Arlington, TX
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Can an llc accept cash rental payments from tenants?

Teresa C.
  • Arlington, TX
Posted May 26 2015, 13:08

Hi, I was told by my real estate lawyer that I can no longer accept cash rental payments from my tenants now that he created a series llc for me. Is this true?  I just find it odd since I've seen other "llc" companies accept cash and give out reciepts.

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