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thompsonddt
Level 1

Owner Equity Payment into LLC

So I am working on the books for a dual member LLC Partnership.

This LLC also owns membership in 2 other LLC's and receives Owners Compensation Equity Payments every quarter from these companies. I was wondering what is best way to categorize the incoming equity payments.

Would it be best to setup individual accounts for each LLC that this company is receiving payments from best way to categorize these payments since the LLC's are flow through.

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