Account Closed
Best Business Bank Account/Credit
Hey All,I was wondering what banks/credit cards (regional/national) you all have found to fit your needs the best when it comes to convenience, ease of use, reporting, rewards, etc as they relate to your real estate ...
Kevin Lefeuvre
VRBO Withdraws on bank account
Am I the only one being bothered by the VRBO's banking policy which consists in withdrawing money from your bank account without formal approval case by case? I mean this is just un-acceptable. Is it because I have an...
Timothy VanWingerden
Choosing a business bank account
I’m planning to start a business checking account in order to separate my real estate investing business from my personal spending. I’ve been looking into the different banks around my area all of which seem to have s...
David Battle
Business Bank Account In Florida
Hey Guys,What's the best bank to open up a business account with in Florida? I need to create an account for my LLC so that the funds are separated from my personal.Thanks,
Will Morrison
Bank accounts for investment properties
As an agent here in Western North Carolina I have been posed the question by a client whether or not it is better to have a separate bank account per investment property or to have all the income flow into one account...
Carlo D.
Stupid question on bank accounts
Really apologize if this is a stupid question, but I’m new to RE investing so I hope to get some help with this basic question. i recently went into contract for my first rental property out of state (PA). I’m going t...
Satyam Mistry
Bank Accounts for Multiple Properties
Hello, I am a newer member to BP, but am looking forward to learning as much as I can from all the experienced investors here. I currently have 6 rental properties and am curious to know how others with multiple prope...
Amit Shukla
Bank account for Subsidiary LLC
Hello,We moved a property from under my name into an LLC. Property and LLC are both in Texas. We also opened a Holding company in WY. And the Texas LLC is owned by WY holding company. If you have a similar structure, ...
Tyler Durbin
With Multiple LLCs - master bank account or individual accounts?
I have 3 rental properties all in individual LLCs. My intention is to continue to add to the number of total properties over time. Which LLC/bank account structure is best practice?A) All LLCs have their own bank acco...
Matt N.
Cash out refi - interest tracing rules
Hi! I was reading about the interest tracing rules and it seems like if I do a cash out refi (even on a primary residence) and then put that cash in a separate investment banking account, I can begin writing off inter...