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My husband and I are sole managing members of an LL C specifically set up to hold real estate investment properties . Currently our LL C owns 3 properties that receive rental income . We have a separate business account and so far have kept the LL C's finances completely separate from our personal finances . Our question is : how to we properly get access to our rental income without " piercing the veil ? " Essentially , how do we properly pay ourselves a dividend or profit sharing ( we want to avoid salary ) so that we can access our rental income ?