Can a LLC invest some income in tax free municipal fund instead of interest bearing checking account?

Yes, unless the membership agreement says it can not invest otherwise or there is any other investment directives that the members have agreed to meet.

Unless you have some state Level problem, there is no basic limitation on where you keep your cash, providing it is not off-shore. Sending money over the borders is not a good idea.

Tags

　　Investment Account 　　Invest Money 　　Invest in Gold 　　Invest Fund 　　Income Fund 　　HYIP 　　High Yield 　　Hedge Fund

Related information

I want to buy a good Asia pacific Fund for growth and income.Can someone help me?

Here are some exchange traded funds for you to consider. Many are more specific than Asia Pacific. For example Japan, Australia, etc. I assume you are looking for one that invests in the entire ...

Does money from retirement fund get reported as income at tax time?

if you use less than 10% of it, no tax.

...

PF -->provident fund and TI--> Total income?

There are a number of acronyms finders on the web For PF pfenning, public finance, project finance, postfinance, project forecast are some of 14 listed under business & finance besides P...

My mother is on disability and recieved some income from a trust fund equalling approximately 1675.00.?

Well, you haven't told us where you live, and even if you had, anyone answering here is responding with pure speculation. Talk with your local tax department or with an accountant or tax la...

Identify three ways in which you can receive income from your mutual fund investment?

Read the textbook, it will usually have the answer.

...

My 401k Mutual fund picks/ are these good? ADVICE!?

Are the percentages to the right the allocations you have to each fund? If they are you are maybe just a tad too aggressively allocated in my opinion. RS Partners Fund is a small cap fund. I...

Mutual fund selection is it OK in SIP (12 Installation) or STP Mode (1 Installation)?

Mutual funds are time tested and rewarding instruments for long term investments. Selection of a particular fund for investing is critical to the returns sought by the investor. Basing the selectio...

Have to select a fund for a Simple IRA Fund? Head about to explode!?

With 10-15 years to go , safety is one of your "most important considerations"...so I suggest you go with the balanced fund for a major percentage ( 66 to 75) of your investment. Then wit...