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Updated over 8 years ago on .

User Stats

28
Posts
4
Votes
Mathieu Bourgouin
  • Rental Property Investor
  • Montreal, Québec
4
Votes |
28
Posts

LLC or LP should pay the day to day expenses?

Mathieu Bourgouin
  • Rental Property Investor
  • Montreal, Québec
Posted

Hi

My LLC is set up to be the general partner of my LP who holds my properties.

I'm wondering if I should open a bank account under my LLC or my LP?

Should I pay my day to day bill with my LLC or my LP?