How do you pay yourself Legally?

[Jacob Donley]

This is a question, I've had for a while, but I haven't heard brought up anywhere. When you get to the point were you have enough properties, how do you pay yourself to cover your personal expenses legally without mixing personal and business capital?

[Michael Plaks]

Your rental income (or any other income) is taxable when you receive the money in your account. Does not matter what type of an account, personal or business. 

If you later take the money out - which is what I assume you mean by "paying yourself" - it creates no tax consequences. It has already been taxed by that point.