How much money can I transfer to my LLC legally?

How much money can I transfer to my LLC legally?

Investor · AL · Member since 2021 · 5 posts · 0 votes

Hi all, I am trying to open up an LLC for my first RE deal and I want to put cash into the LLC's account, once I've opened it without any taxation. Is there a limit to how much I can transfer to the LLC's account without being taxed? Does it follow the same personal gift tax guidelines? I have about $100,000 dollars that I want to put into my LLC to get it off the ground, but I'm worried about tax implications. I know that I can gift any one up to $16,000 without taxation - does this fall under the same guidelines?

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Nick HierscheBusiness Member
Lender · Miami, FL · Member since 2020 · 27 posts · 17 votes
3y

No limits really but you should already have a tax pro helping set it up for you! Typically you will get benefits if structured properly!

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  • Lender · Fort Lauderdale, FL (Lending in FL CT GA MI PA) · Member since 2022 · 470 posts · 349 votes
    3y

    The contribution to an LLC is not considered a gift. You can deposit the 100k into the LLC for investing.

  • Nick HierscheBusiness Member
    Lender · Miami, FL · Member since 2020 · 27 posts · 17 votes
    3y

    No limits really but you should already have a tax pro helping set it up for you! Typically you will get benefits if structured properly!

  • Real Estate Consultant · USA · Member since 2014 · 1k+ posts · 751 votes
    3y

    No limit. Shareholders contribution. 

  • Investor · AL · Member since 2021 · 5 posts · 0 votes
    3y

    Thank you!

  • Basit SiddiqiBusiness Member
    Accountant · New York, NY · Member since 2015 · 8k+ posts · 3k+ votes
    3y

    The amount you put into an LLC is considered a contribution if you are a member of the LLC.
    However, you should follow the LLC / Partnership agreement to determine what your contribution requirements are, especially if there are other members involved.

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