Property Manager - Broker Trust Funds - California

[Bob Lowry]

I am a real estate broker in the SF Bay area and interested in starting a property management offering.  I am interested to learn how others in CA are handing the tenant security deposits, rental payments and owner reserve funds.  I have tried to open a RE Broker Trust Account at several banks and am being told each tenant and owner need a separate bank account due to IRS reporting rules.  CA BRE suggested using a Broker Trust account, but I have not found a bank that will support this.  Any, all suggestions appreciated.