Video

Morris Invest: Using the Money In Your LLCs' Bank Accounts

Published on 7/14/2017 by Morris Invest
Morris Invest: Using the Money In Your LLCs' Bank Accounts

When you have a business entity, especially multiple business entities, banking can become complex. There are many reasons why you might need to move your money, but there are strict regulations, as well as tax implications that will dictate how this should be done.

In this video, the team at Morris Invest are discussing how to use the money in your LLCs’ bank accounts. We’ll share what we’ve learned, the mistakes we’ve made, and more!

You'll learn about distributions and owner pay within the Profit First System. We'll share more about our personal banking structure for rental property investing, and how we use our different accounts. If you've ever wondered about using the money in your LLCs' bank accounts, this video is for you!

Show notes page for this podcast episode: https://goo.gl/pN4znD

EP010: How to Set Up Profit First for Real Estate Investing - Interview with Mike Michalowicz: https://goo.gl/o7k47r

EP040: How to Implement Profit First for Real Estate Investing: https://goo.gl/Vm2oYG

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