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Updated over 7 years ago,
Best way to run financial operations for landlord business
Hello BP'ers
Just wanted to gain insight on how you run your rental business in regards to finance operations.
Do you accept rent payment electronically?
Did you open up a separate bank account to track income/expenses?
Do you pay the mortgage with the same account as you receive rental income?
Thanks in advance! First rental property. Next one coming soon ;)