@Jason D. It's important to keep personal expenses out of the LLC, but to fund it you can just write the LLC a check, no big deal. There are no tax implications of doing so. An LLC is a pass through entity, meaning that all of the income/expenses and resulting tax will flow to your personal return.
No real precautions you need to take. You can simply write a check from your personal account to the business and record it in the business as 'owner equity/contributions'. This is just like buying stock. There are no tax implications of these initial investments. Also, since it's just you and your wife, you can just record the contributions as either an even split contribution between the two of you or 100% you/her.
Thanks for the info guys. Just didn't want to get hit with some odd tax because it was considered income for the business.
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