Buying Land in an LLC
Submitted by: Marc,
,
Age: 52
How do you transfer your money to the LLC so it can pay cash for the land? It would seen that that much money would leave a trail.
JJ Luna Responds:
You don't transfer any money to the LLC, you just write a check or do a wire transfer from your own normal account. There is no practical way to avoid a "trail" but the source of the money does not show up in the title documents.
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