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Updated almost 5 years ago,
Sepaerate Checking Accounts For Each Rental Property?
Hello!
I have an offer in on what will be my second rental property and I will be purchasing my 3rd later this year.
For my first property I opened a new checking account for reserves and for receiving rent payments from my property manager. Should I have separate checking accounts for each property?
Please, no advice about forming an LLC unless it applies to both an individual and an LLC.