Protonation of MeRNH·BH3 (R = Me or H) with HX (X = B(C6F5)4, OTf, or Cl), followed by immediate, spontaneous H2 elimination, yielded the amine-boronium cation salt [MeRNH·BH2(OEt2)][B(C6F5)4] and related polar covalent analogs, MeRNH·BH2X (X = OTf or Cl). These species can be deprotonated to conveniently generate reactive aminoborane monomers MeRN=BH2 which oligomerize or polymerize; in the case of MeNH2·BH3, the two step process gave poly(N-methylaminoborane), [MeNH-BH2]n.