Quote from @Willam Mendez: Hey guys, just wondering if anyone knows of any HYSA that are used for Business or any other Business account that will give me a high Yield? 

I would make a copy of the check and make sure to write their name and account number on it.

you do have the ability to close your account at any time. 

@Tom Gimer since I know you have a background in law, and Account Closed since I know you have defended a creative transaction of yours in court...To me this discussion of Morby method only sounds ok from the perspective of 'mechanics of a transaction'.

I’m sure I can count on you all to hold me accountable!

Current individual stock portfolio (non-retirement accounts) with holdings that might be volatile in the next few years (big tech & big oil). $51k is about 17% of the portfolio and gains on the stock holdings are already 100-200% (long-term).

Call it a dollar devaluation adjusted savings account. 

However, the depreciation claimed while the property was a rental must be accounted for upon the future sale of the personal residence, which could increase your capital gains tax liability.The adjusted basis of the property (original cost minus depreciation) will be used to calculate gains or losses at the time of sale.

I do all accounting for properties and company in Rent Manager. 

They don’t have a retirement account.