I need recommendations for banks with free business checking accounts. I don't want my investment funds eaten up by junk fees.
We just formed a TN series LLC for properties in TN but live in WA, a state that doesn't recognize the structure. Chase wouldn't open bank accounts in the name of the cells and we couldn't find a local TN bank who wou...
Should I start the eviction. Here is the quick story. I have had this tenant, single male, for 2 years and he lived there 3 years prior to my ownership. He has mostly paid on time. I made one exception and he has ...
My dad isn't much on hype, but he sent the passage below to me via email this morning and I felt compelled to share it as a reminder to everyone how precious life is. Seize the day and make the most of it because the...
What are some of the best practices in managing the LLC bank account with regards keeping it compliant with rules of separation from personal use (example: can ransfers be made from personal acct to LLC for certain pa...
Hi,
Im restructuring my rentals and several members, articles and youtube videos suggest to have a Holding LLC and have individual LLCs inside of it owning one RE property per LLC.
Then open a traditional LLC to ma...
Wondering how people set up their bank accounts. My lawyer & accountant said to have separate accounts for each property and not to transfer to personal accounts. I'd like to follow profit first method of banking,...
What bank does everyone use for their properties? I am in the middle of changing personal banks and I'd like to be with a bank that allows to open up a new savings account for each property and hopefully earn a littl...
Hello BiggerPockets Community,
I'm kicking off the new year with an exciting venture: I've just established my own real estate investment LLC!
I'm currently exploring banking options that align well with this specif...
Any personal recommendations for LLC bank accounts? Better ones vs. Worse ones. Thanks