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Updated over 4 years ago on . Most recent reply

Brad Kanouse's profile image
Brad Kanouse's profile image
Brad Kanouse
  • Real Estate Agent
  • from Kansas City, MO
  • Member since Aug 8, 2019
  • Posts 34
  • Votes 19
  • Experience 3 Yrs
  • Investments 1
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34
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Brad Kanouse's profile image
Brad Kanouse's profile image
Brad Kanouse
  • Real Estate Agent
  • from Kansas City, MO
  • Member since Aug 8, 2019
  • Posts 34
  • Votes 19
  • Experience 3 Yrs
  • Investments 1
Connect
Brad Kanouse
  • Real Estate Agent
  • Kansas City, MO
19
Votes |
34
Posts
General Real Estate Investing

Started a LLC question

Brad Kanouse
  • Real Estate Agent
  • Kansas City, MO
Posted

Hello all. Just started up my LLC. Would you suggest that you separate everything regarding your LLC from your personal so they don't have any connection? I know I should have a separate bank account, but would you separate an email account as well?

  • Brad Kanouse
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    Forrest Faulconer's profile image
    Forrest Faulconer's profile image
    Forrest Faulconer
    • Real Estate Agent
    • from Oklahoma City, OK
    • Member since Apr 28, 2020
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    Forrest Faulconer's profile image
    Forrest Faulconer's profile image
    Forrest Faulconer
    • Real Estate Agent
    • from Oklahoma City, OK
    • Member since Apr 28, 2020
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    Forrest Faulconer
    • Real Estate Agent
    • Oklahoma City, OK
    462
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    Forrest Faulconer
    • Real Estate Agent
    • Oklahoma City, OK
    Replied
    Originally posted by @Brad Kanouse:

    Hello all. Just started up my LLC. Would you suggest that you separate everything regarding your LLC from your personal so they don't have any connection? I know I should have a separate bank account, but would you separate an email account as well?

    Hi Brad, you will need your own bank account for the LLC, an email is less important, but I take every precaution to keep things separate. If you are sued and the judge believes you have pierced the veil, your personal assets could get throw into the lawsuit. An accountant or lawyer would be able to explain things better, do you have one?

    Forrest Faulconer

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