Sorry - that should have been "I do NOT think I should set up the contributions to LLC-B as an owner draw since they are not part of LLC-A."
Type: Posts; User: WilkerTax; Keyword(s):
Sorry - that should have been "I do NOT think I...
Sorry - that should have been "I do NOT think I should set up the contributions to LLC-B as an owner draw since they are not part of LLC-A."
LLC owner/partner contributions to new LLC
I work for a company that is an LLC (LLC-A). My company has partnered with another person to open a second LLC, in which my company is 50% partner and the other person is 50% partner (LLC-B). I am...