Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/hospitable-deef083b895516ce26951b0ca48cf8f170861d742d4a4cb6cf5d19396b5eaac6.png)
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
1031 Exchanges
presented by
![](http://bpimg.biggerpockets.com/assets/forums/sponsors/equity_trust_1031_exchange-96bbcda3f8ad2d724c0ac759709c7e295979badd52e428240d6eaad5c8eff385.avif)
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago, 07/24/2015
![Kevin Trumbull's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/308702/1621443294-avatar-kevintrumbull.jpg?twic=v1/output=image/cover=128x128&v=2)
Question on possible co-mingling of funds
I'll be purchasing my first rental property soon and I had a question on co-mingling funds as it pertains to the 'business' (I'll be holding in my own name).
I've set up a dedicated checking account that I'll use to receive rent and make business-related purchases from (repairs, travel, etc). I was planning on transferring my net cashflow to a savings account to re-invest later. However I also transfer money from my personal checking account to this same savings account (saving money for investments).
Is this a co-mingling of funds as it pertains to the business? Is this a problem? Any issues with what I'm planning on doing? Will I have issues at tax time by doing this?