Accepting rental payment: What are my options??

[Justin B.]

So I'm pretty excited my closing date is quickly approaching for my first rental property! But I need advise. 

Like many have suggested, I plan to play the role of the property manager when interfacing with tenants. I do not want tenants thinking of me as the owner. This would be hard to pull off if they're writing checks out to me! I have thought about forming an LLC to help with the obfuscation but I don't know if that's something I should do immediately.

Would it be easiest to simply form an LLC and associate a bank account with it since that's what I plan to do in the future?

What are the ways??

[Siye Baker]

Originally posted by @Dawn Brenengen:

All of my tenants know I'm the owner, and it's never been an issue before.  I don't like to lie, and I think people wouldn't appreciate being lied to either.  Also, I'm the worst liar ever, so I just wouldn't do it. Just wanted to add my name to the long list of people who agree! ?

you can say that again :)