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Updated about 2 years ago on . Most recent reply

Chris Bodkin's profile image
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Chris Bodkin
  • Member since Jan 1, 2024

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Chris Bodkin's profile image
Chris Bodkin's profile image
Chris Bodkin
  • Member since Jan 1, 2024
Chris Bodkin
0
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4
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Starting Out

Do I need a business checking AND savings account?

Chris Bodkin
Posted

Getting ready to list my first rental. The house is purchased under an LLC. I opened up a business checking account for the LLC. Do I also need to open up a business savings account for the LLC? Not sure if I can only use a savings account to hold the renter's deposit.

Thanks!

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