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Updated over 4 years ago,
Separating rental income/expenses without an LLC
I currently own a SFR and want to open a business account for it. I know that I need to open an LLC in order to open a business bank account. Is there a way to do this without having an LLC? What are my options to keep the rental income/expenses separate? Would I just open another personal and only use that for rental income/expenses to avoid opening an LLC?
Thanks in advance!