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Updated 8 months ago,

User Stats

1
Posts
1
Votes
Dustin Swanson
Pro Member
  • Investor
  • Reno/Tahoe Area
1
Votes |
1
Posts

Advice for Business/Checking Accounts for Rental Property

Dustin Swanson
Pro Member
  • Investor
  • Reno/Tahoe Area
Posted

Hello All,

My cousin and I partnered up and purchased our first rental property in western Massachusetts. He is local and will be fulfilling landlord duties. I am remote (living in Reno, NV) and will be handling all accounting/finances. 

CPA recommended we open a joint business checking account under both of our names to keep tax season simple. Any recommendations or experience on good online banks with high APY for this purpose? 


NOTE: We planned on using Turbo Tenant for tenant management.

Thanks in advance for your help!

  • Dustin Swanson
  • Loading replies...