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Updated over 6 years ago,

User Stats

224
Posts
50
Votes
Ryan Moore
  • Rental Property Investor
  • Phoenix, AZ
50
Votes |
224
Posts

How to earn a little more on my rental's reserves w/ LLC

Ryan Moore
  • Rental Property Investor
  • Phoenix, AZ
Posted

I have my rental's reserves sitting in my business account earning nothing. I have my personal finance reserves over at Ally earning 1.65%. Nothing crazy, but still it's something. I cannot open an account under my LLC there. Would it be breaking some legal structure /protection of my LLC by storing the rentals reserves in an account under my personal name? If so, any idea of strategies/banks where I can earn a little bit more back while keeping the finances within the LLC?

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