Updated over 15 years ago on . Most recent reply
Separation of business / personal finances
I need help figuring out how to start out, with my own money, and then turn it over to my LLC. I know that I will have to use my personal name and money to get my first property. After that I want to turn the property over to my LLC, but may still have a mortgage. How does one turn the financial portion over to the company, so that my personal and business finances can become separated? I also am asking so that I am avoiding any legal problems, etc. If anyone can walk me through step-by-step how this is done, it would be great! Thanks.
Claude