Separating rental income/expenses without an LLC

[Christian Thompson]

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!

[Chris Coleman]

@Christian Thompson yes, just open another checking account separate from your existing personal accounts, and use that new account for all things related to the rental...income, expenses, mortgage payments, etc.