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Updated about 1 year ago on . Most recent reply

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John Seitz
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John Seitz
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John Seitz
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Rehabbing & House Flipping

Spending Accounts for LLC

John Seitz
  • Investor
  • St. Louis, MO
Posted

I have my LLC registered. Do I need to make payments to contractors, etc from accounts with the LLC name on them or can the accounts just have my first and last name (personal accounts)? Is there any difference?

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    Chris Seveney
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    Quote from @John Seitz:

    I have my LLC registered. Do I need to make payments to contractors, etc from accounts with the LLC name on them or can the accounts just have my first and last name (personal accounts)? Is there any difference?


    you cannot intermix the two. if you have an LLC and the property owns the LLC then payments should come from the LLC.

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