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Updated over 7 years ago on . Most recent reply

Joshua C.'s profile image
Joshua C.'s profile image
Joshua C.
  • from Clifton, Virginia
  • Member since Sep 15, 2017
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6
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2
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Joshua C.'s profile image
Joshua C.'s profile image
Joshua C.
  • from Clifton, Virginia
  • Member since Sep 15, 2017
Connect
Joshua C.
  • Clifton, VA
2
Votes |
6
Posts
General Landlording & Rental Properties

Direct Deposit account, in state or out of state?

Joshua C.
  • Clifton, VA
Posted

Hi there,

I'm going to be getting into being a landlord and purchasing rental properties. I was wondering if there is a strategy to opening up a checking account in your home state or in the state in which you will be renting?

Does it matter? Is there an advantage to either?

My rental properties will be under an LLC and have their own separate checking accounts.

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