I reconcile our trust account each month in about ½ an hour.

They don’t charge anything for these extra accounts, my tenants pay directly into those accounts.

We have a partnership entity, so it has to file separately and needs balance sheet accounting.

@Rebecca GonaBigger Pockets is a great place to find a tax accountant that specializes in short-term rentals. 

We currently accept rent from tenants using a variety of 3rd party apps-Cashapp, Venmo, Zelle but are moving away from accepting payments in our individual names and want to start accepting payments directly to the LLC/business accounts, but LLC accounts do not accept Zelle and there is a fee for using business accounts on Venmo.

Hi Yashira,I have not tried to link my bank account again. 

The part that I can see being the most beneficial to us, personally, is the "REI Hub" which is the accounting piece that you can opt to pay for as part of your monthly subscription.

Do you know if there is a service, monthly or annual fee for opening one of these accounts? 

The setup and ongoing fees will likely be higher but you'll be able to leverage the account to buy RE so it's a tradeoff like anything else.Happy researching!

Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.