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Alfred Litton
  • Rental Property Investor
  • Valley View, TX
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169
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What If I DON'T Want to Be Paid by My LLC?

Alfred Litton
  • Rental Property Investor
  • Valley View, TX
Posted Mar 29 2018, 14:30

So, newbie question here. Hypothetical situation: I have an LLC that owns 3 sfh properties, and the NOI for the year is $20,000. Do I HAVE to pay the taxes on that $20,000 if I choose to keep it in the LLC and, for example, reinvest it in the purchase of another property? I don't need the income at present. I'd rather "let the profits ride" and keep adding to the LLC with my own income for now. Do I have to pull the NOI out, pay the tax, and then put it back in each year? Guidance appreciated on this one!

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