Business Checking Account vs Regular Checking Account

[Jakob Claret]

I'm looking to get started in Real Estate and Bigger Pockets recommends getting a business checking account for each property you have in order to keep the accounting nice and clean.

When I went to sign up for said account it asked me what my business entity is, and I don't have one.

I've been told it's generally not a good idea to start an LLC before you've actually started investing so would it be wrong to just use my second general checking account as my 'business account' until I gain traction?

I'd still technically be separating the finances since I don't use that account for anything, and I'm not sure what benefit I would get from a business account other than to make it easier to connect to QuickBooks which I can't afford at the moment anyways.

Thanks!

[Daniel Hyman]

You can use a second account general checking account. If you end up creating an LLC, you'll need an account linked to your EIN.