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Thierry Goyer
  • Rental Property Investor
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Interest on LLC business savings funded by personal savings

Thierry Goyer
  • Rental Property Investor
Posted

HSBC is offering 2.5% on business savings account, they are offering only 1% on personal savings account.

Can safely park my personal savings into my One Member LLC savings account - disregarded entity - which owns linked to my rental income property?

My regular CPA tells me no - and my CPA friend says yes. 

Whats the risk if any? 

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