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Updated over 10 years ago,

Ronnie Sparrow's profile image
Ronnie Sparrow's profile image
Ronnie Sparrow
  • Investor
  • from Spring, Texas
  • Member since Sep 10, 2012
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121
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26
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Ronnie Sparrow's profile image
Ronnie Sparrow's profile image
Ronnie Sparrow
  • Investor
  • from Spring, Texas
  • Member since Sep 10, 2012
Connect
Ronnie Sparrow
  • Investor
  • Spring, TX
26
Votes |
121
Posts
General Landlording & Rental Properties

Security deposit

Ronnie Sparrow
  • Investor
  • Spring, TX
Posted

Where do you put the tenants deposit? Is it OK to keep in the business account or does it have to be placed in a separate account from the business? Example: we have a business account at Chase with a checking and two savings account. Is it OK to keep the deposits in one of the savings account or does it need to go into a different bank or a totally different account at Chase?

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