About ostergaardam

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Re: How to handle rental income for LLC where property is only in th...

All income from the property is deposited directly into a business bank account in the name of the LLC. Expenses for the business are payed from that account an...

ostergaardam

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Updated Jan 12, 2022
Re: How to handle rental income for LLC where property is only in th...

I should also mention that we treat have treated the mortgage, PMI, taxes and insurance payments on the property as a business expense.

ostergaardam

1

Updated Jan 12, 2022

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Date Registered	‎January 10, 2022 1:59 PM
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