General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 6 months ago, 07/06/2024
Security Deposits, what banking institutions?
Greetings family. I would like to know which banking institutions and type of accounts you are using for security deposits that comply with Florida law.
I have heard to use an escrow account. However, I called Chase bank and asked about opening an escrow account and they said I would have to have some kind of agreement. Maybe I didnt express well that it was meant for landlord.
Thanks.