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Updated about 2 years ago,
REI Business accounts
Good afternoon,
I am fairly new to real estate and once I acquire my first house hack in the next 8 months, I want to treat it like a business from the begging with systems in place.
My question is how you have your real estate accounts set up? Do you have separate accounts for each property? or do you have all your income and expenses in one account for all your properties?
And my other question is how do you pay yourself? Do you just transfer the money from your business account to your personal checking account?