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Updated over 12 years ago, 09/03/2012
Separate Bank Accounts For Each Property?
Howdy,
Newbie to the forums and a relatively newbie investor.
I have two rent houses and have separate bank accounts for each one (one is shared with my sister, 50% each). I'm wondering, as I buy more single-family rent houses, if it would make sense to have a separate bank account for each property. What do you all do? Are there advantages for doing this or would it make more sense, over time, to have one consolidated bank account for all rent houses? Thanks.