How to use personal funds to invest using a corporation?
Hi,
I have some personal savings and would like to use those to invest in real estate. But instead of investing in my personal name (for obvious reasons), I would like to use a S-corporation that I have formed to do the investing.
My question is - how do I fund the corporation with my personal savings? What I mean to ask is, if I have $25,000 of personal savings available to invest and a XYZ corporation formed, can I just deposit these personal savings into the corporation bank account and begin investing and taking title as XYZ Inc? Is this called co-mingling of personal and corportion funds, and can result in the liability protection not holding up? Any advice on how to go about using personal savings to invest in real estate via a corporation is appreciated. Thanks for your help.
- Andy.