All Forum Posts by: James Orellana
James Orellana has started 1 posts and replied 2 times.
Post: How to pay yourself as a landlord with no LLC?

James OrellanaPosted
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Thanks Deborah! And yes I know I must have separate accounts for my business. Appreciate your input.
Post: How to pay yourself as a landlord with no LLC?

James OrellanaPosted
- Posts 2
- Votes 0
Hi all,
New to this so bear with me if any questions are obvious. I was wondering how do you pay yourself as a landlord with no LLC? After reading some Bigger Pockets intro books and it states no matter what I want a separate checking and savings account even if I don't form an LLC. Is it a simple as transfering money from one account to another? (I know good bookkeeping is a must in any situation)
Thank you!