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Updated about 16 years ago on . Most recent reply

Michael R.'s profile image
Michael R.'s profile image
Michael R.
  • Real Estate Investor
  • from New York
  • Member since Jan 11, 2008
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Michael R.'s profile image
Michael R.'s profile image
Michael R.
  • Real Estate Investor
  • from New York
  • Member since Jan 11, 2008
Connect
Michael R.
  • Real Estate Investor
  • New York
87
Votes |
313
Posts
General Landlording & Rental Properties

Security Deposit Account

Michael R.
  • Real Estate Investor
  • New York
Posted

How do people here handle sec. deposits? NY requires me to put them in a seperate interest bearing account in the tenants name. Is the account just a regular savings account or something different? I was thinking about going with a saving from ING. Can link bank accounts and add new ones online. Any Insight?

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