I have an LLC in PA for my rental property and just formed an LLC in New Jersey using the same name and same EIN.  My question is do I need to have a separate bank account for my LLC in New Jersey?  If so, what is the...

In order to make payment easier, I am considering giving the bank account number so that deposits can be made directly. Is there any RISK in giving them the account number? Do you use a separate account just for depos...

Hi all, 
I am curious to know what the BP community thinks about opening a separate bank account to collect tenant rent. I currently don't want to start an LLC yet since I am in the beginning stages (haven't purchase...

Hello Bigger Pockets Community,
I have some multi family properties (total of eight units) and the property management company has a shared bank account so they can deposit rents and then debit expenses with co-sign ...

Hi everyone, I have opened a second LLC (child LLC) in Florida, owned by anonymous parent LLC in Wyoming (which is owned by me). I got stuck with opening a bank account for child Florida LLC. Got only one EIN that bel...

What are the requirements for opening a business account for real estate investing? Do I need to show proof of a business license. Any tips and advice will be greatly appreciated. 

What is easier and common place? Is it better to have one bank account for all your rentals or a separate account for each rental?Thanks!

Hello. I have read some advice on this forum, but I'm still curious how you set up bank accounts in the most simplified way. Right now, based on some advice from the BP landlording book, we have a bank account for eac...

Hello BP Pros. Newbie with first post here. How many types of bank accounts do you use for the actual property management/bookkeeping activities? Do you have a checking account, a separate account for Capex etc, and a...

What's a good bank to set up a business bank account for a virtual wholesaler?