Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
Just about any bank can open a joint account.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
@Chris ShonYes, a real estate accountant is worth what you pay them.
Reyna Ayala
How many bank checking /saving accounts are needed as a first time landlord
8 January 2025 | 10 replies
If you have an LLC, the accounts should be business accounts in the name of the LLC.
Matthew Beninate
Business Bank Accounts
1 January 2025 | 13 replies
You can collect rent, do your banking (unlimited virtual accounts), and do your accounting.
Alexandra Winkler
Bank Account Operations
30 December 2024 | 1 reply
if you have an LLC and both properties are under it, you just need 1 operating account.If both are under your personal, 1 bank account specifically for the rental is enough for operating.Security Deposits should always be a separate account altogether.
Joseph Gary
Searching for a Multi-Family Property To Add To Portfolio
29 December 2024 | 8 replies
Bingo that might be it.
Kylie A.
Best Business Bank Account For Real Estate Investor
28 December 2024 | 13 replies
We also have a bank account at a smaller Chicago community bank, but there technology isn't as good to be honest.I think @Jonathan Greene's main point is don't step over dollars to pick up pennies.
Shaun Palmer
North Carolina - Security Deposit Trust Accounts
22 December 2024 | 14 replies
It can just be held in a savings account, no special account needed, but I always keep mine in an account separate from anything else.
Gary Green
Suggestions for saving for first investment property
25 January 2025 | 1 reply
[1] You might want to think about opening 2 FDIC insured savings accounts that have no fees.
Justin R.
Who has moved from QBO to Rentastic (or other RE based software)
24 January 2025 | 15 replies
I do all accounting for properties and company in Rent Manager.