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Updated over 10 years ago,
Financial set up help
I'm starting to shop for multifamily properties in the Phoenix area for my 1st purchase. I'm trying to figure out how to handle paying the bills etc.
I don't want to mix my personal finances with my investments. I think I should open a second bank account, but I don't know if I should create a business entity and associate the bank account with that or just open it under my own name.
I don't plan on placing the deed or mortgage in the business/entity name, but wonder if it would be wise to pay all bills under that name.
Thanks in advance for any advice!