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Updated about 4 years ago on . Most recent reply

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Daniel Lee
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3
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What banks do you use for your rental income?

Daniel Lee
Posted

Hello BP,

I'm shopping around to see what bank will be best to have tenants deposit rents since I don't want to use my personal bank account for rental income. I'm curious as to what other investors use for their investment bank. Do you put it under an LLC if you have one or how do you name the account? I'm currently on my first rental property and didn't use an LLC because I live on the property. I will be converting it into an LLC once I move out or paid off the mortgage.

Thank you for your time,

Daniel 

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