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Updated over 3 years ago,
Newbie Account Setup and Receiving Payments
Hello All,
I am a first time real estate investor that is looking for information on best practices for setting up a checking account and arranging payments from tenants to be received on mobile apps.
For more details, this will all be done under my LLC and without getting into the weeds of why I chose to go the LLC route, it is my understanding most mobile payment systems do not allow consumer to business transfers.
Any advice is greatly appreciated!