Updated almost 7 years ago on . Most recent reply
Interest on LLC business savings funded by personal savings
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?