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Updated almost 3 years ago,

User Stats

47
Posts
18
Votes
James Fraundorf
  • Investor
  • Seattle, WA
18
Votes |
47
Posts

Opening a business bank account in Delaware for Delaware LLC

James Fraundorf
  • Investor
  • Seattle, WA
Posted

Hi, has anyone had experience opening a business bank account in Delaware for a rental property located in another state? My holding LLC was formed in Delaware so I'm thinking if I want all the protections Delaware offers I should probably open a business bank account in Delaware as well. Am I correct in that thinking? I just got off the phone with Chase bank and they said I have to physically come to the bank in Delaware to apply (which is not going to happen as I live in Seattle). Does anyone have any thoughts, suggestions, or experience with this?? Should I just open a business bank account in the state where my rental property is located or will that compromise the protections forming an LLC in Delaware provides? Thanks so much!