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Updated 7 months ago, 04/26/2024
Can I take venmo for rent from tenant?
Hi,
I have been taking payment from tenants via venmo to my personal account. Recently I moved my rental properties into LLCs and opened business bank accounts that correspond to the properties. My legal advisor is advising I have tenants pay to the LLC. Is there a way I can keep using venmo as it works for my tenants and I. Or is there a different system I should implement?
Thanks,
Corey