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Updated 2 days ago on . Most recent reply

How do I “cash out” my cash flow through an LLC?
Hi all, I'm about to purchase my first STR in Texas through my LLC (and I live in California). How do I "cash out" my cash flow from the property when the time comes, and not lose it all to taxes?
(A quick note - I'm planning on reinvesting most of the profits, but this question is specific to anything I want to keep personally as supplemental income)