Multi LLC's shared monies?
Ok so I've looked and maybe missed it (so sorry if it's been talked about before and if it has can someone just post the link. Thanks)
I own a S corp management company and two LLC's. The LLC's own the properties and the S Corp owns nothing. If I have a surplus in one LLC can I use it for repairs on a property under the second LLC? I have been told a couple different ways on this. I was wonder how most handle this.