Returning Member

Investors & landlords

@Carl Thanks for your quick response. Regarding the last comment you made, why would the lender consider this a violation, if I was the one making the mortgage payment? I mean, the LLC will pay me, and I will pay the lender. From the lender's perspective, the person paying is the person on the title/mortgage.

An important question I have: when the LLC pays me, does it trigger an event that is considered taxable? I'm not familiar with the term, may be it's called distribution?