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Updated about 5 years ago,

User Stats

55
Posts
13
Votes
Jason Xue
  • Chicago, IL
13
Votes |
55
Posts

LLC's and Bank Accounts

Jason Xue
  • Chicago, IL
Posted

How do you all deal with multiple bank accounts if you own multiple properties in different LLCs?

Long story short, I am creating a New Mexico LLC to be the holding company and owner of children LLCs created in the states of the properties (currently in Illinois and Missouri). Would each LLC have its own separate bank account? If so, how do you keep up if I keep scaling??

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