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Updated over 3 years ago, 10/03/2021
Should one open up a business bank account before starting out?
My girlfriend and I have been saving to buy our first investment property.
Should we talk to a bank to open up a business account? I hear it will be easier for CPA / Taxes later on if all expense from purchase, rehabs, repairs, etc are all under one bank account?
I guess it will be a good place to collect rent as well.
If anyone has any other advice considering where the money enters and exits, please let me know.
Thanks!