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Updated over 6 years ago on . Most recent reply

Ryan Johnston's profile image
Ryan Johnston's profile image
Ryan Johnston
  • Lender
  • from Charlotte, NC
  • Member since Jul 21, 2019
  • Posts 67
  • Votes 72
  • Experience 7 Yrs
  • Investments 3

User Stats

67
Posts
72
Votes
Ryan Johnston's profile image
Ryan Johnston's profile image
Ryan Johnston
  • Lender
  • from Charlotte, NC
  • Member since Jul 21, 2019
  • Posts 67
  • Votes 72
  • Experience 7 Yrs
  • Investments 3
Ryan Johnston
  • Lender
  • Charlotte, NC
72
Votes |
67
Posts
Starting Out

Contributing personal funds to LLC

Ryan Johnston
  • Lender
  • Charlotte, NC
Posted

Hey guys.  Offer was just accepted on my first property.  2 quick questions:

1. Should I go ahead and form an LLC for this first property?
2.  Is there any issue with me contributing my personal funds to an LLC?  Ex: Sending money from my “day job”, to the business account, in order to fund other deals.

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