Ray Thietten
IRA Checkbook Control Bank Account
I have been using a checkbook control IRA LLC that is tied to my Self Directed IRA account with my Custodian. Currently my name is the only name on the account. I would like to have another person on the account i...
Daniel H.
Rent Collection - No Bank Account
Most of my tenants do not have bank accounts and send their rent payments with money orders each month. Are there any services I could use besides money orders and mail to get the rent from these people?
I checked...
Jaganath Dabbi
Solo 401K Trust Bank Account
I would like to open the trust bank account with ETrade for my self directed solo 401K plan. Has anyone successfully done so. If so, can you share tips, exact forms you filled. Thanks in advance
Qasim Naeem
Bank Account Maintenance with Partnerships
Hi BP! I wanted to understand how maintaining bank in partnerships should work considering that my partners and I want to invest but we want the loan to be in one of our names and not all of us. Is it a MUST to have t...
Michael Lanci
[Advice] Banking.. LLCs? Separate Accounts?
Hello, it looks like I'll be finally submitting an offer this week and the agent is representing both sides and seems to think we are in good shape to make this deal happen.It's my first investment property. I've been...
Paul Smith
Opening Bank Account in USA
Hi Everyone I'm based in Australia trying to open a bank account in the USA. Have tried a lot of banks aware that I will most probably have to turn up in person at the branch with the appropriate documentation and US ...
Jane S.
Tenants have no bank accounts
I have a rental i just put on the market 5/2/1 2000 sq ft. It's the first time I am encountering applicants with very low credit scores, several children, and no bank accounts. 2 divorced women, 6 kids, no alimony, ve...
Adrian Fajardo
Allocating expenses in bank accounts
Hello BP community! I'm very excited to be here and always happy to accept any tips from anyone. I'm still on the early stages of my investing journey and I ran into this question while studying. When I do get a prope...
Brandon H.
Solo 401K LLC Bank Account
I've established a Solo 401K/LLC (similar to the IRA/LLC structure), but I am having trouble getting the LLC's bank account created. At BoA and Wells Fargo, their applications assume the business owner is an individua...
Lydia Bar
Bank account for rental property
Hi everyone,If you are not putting a rental property in an LLC, would you open a personal or business bank account for the expenses? Does it matter?Also any specific banks that are recommended for this purpose? Would...