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Updated over 10 years ago,

User Stats

56
Posts
17
Votes
Justin B.
  • Warner Robins, GA
17
Votes |
56
Posts

Accepting rental payment: What are my options??

Justin B.
  • Warner Robins, GA
Posted

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??

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