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Tax Smart Investor Club

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2 contributions to Tax Smart Investor Club
0 likes • 10d
EXCITED TO BE APART OF THIS COMMUNITY!!
Rental property through LLC or personal
I opened an LLC. My mom and I are gearing up to purchase a rental property utilizing a DSCR loan. My question is I haven’t set up my business bank accounts ETC. Is it even worth it to put a first property into the LLC? Can my mom just be a PML or should I add her as a member? Do I need to transfer my down payment & closing costs funds into my business bank accounts or can I pay them directly from my personal accounts as an LLC member contribution? Is that considered mixing “personal funds” with “buisness activity “
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Kayla Antonio
1
3points to level up
@kayla-antonio-4512
FIRST TIME REAL ESTATE INVESTOR!!

Active 7d ago
Joined Apr 27, 2026
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