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Updated over 7 years ago on . Most recent reply

User Stats

8
Posts
1
Votes
Nicholas Sambrick
  • Rental Property Investor
  • Pittsburgh, Pa
1
Votes |
8
Posts

Moving funds from 1 company to another

Nicholas Sambrick
  • Rental Property Investor
  • Pittsburgh, Pa
Posted

I own a partnership Llc and I want to buy a small apartment building with some of the profit. So as to keep my real estate protected and separate, I want to start a separate s Corp entity. How can I use the profits generated by my retail to buy property using the sCorp while using my pre tax dollars?

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