Wholesale money into Corporate accounts?

General Real Estate Investing
1

Hi everyone,

I’m a newbie and if I were to already have a corporation set up with it’s own bank account, but I put a contract under my own personal name because I’m going to assign the contract over to another buyer anyways, how can I get the assignment fee money into my corporate account?

Do I simply just deposit the money into my corporate account even though the contract and assignment is in my personal name?

Or does it even matter if the contract and the assignment is in either my personal or corporate name when I’m assigning contracts?

2

that would be comingling, and would pierce the corporate veil.

either do the deal personally, or do the deal in the corp.

best you could do at this point is assign the deal to the corp, then assign it from the corp to the buyer. Upon assignment to the corp, deposit the fee into the corp account.