Michael Webster
General question
At what point in your venture did you decide to get a website/name and make it an official business venture? I know once you start out its a venture, but once you have a name and title its official lol. I hope that ma...
Dameron Shore
Local Bank or Broker Cash Account for Solo 401k Account
I am about to initiate an i401k and have put in an inquiry with my preferred CU as to whether they can (or actually whether THEY think they can) handle the checking account for it. The assets are currently in an old 4...
Ken McGrew
Trouble opening bank account for LLC
I was cautioned by an attorney to never sign anything in my personal name related to the LLC but rather to sign: "by (signature), president" I have been unable, however, to open a bank account for the business. So far...
Ray Realdine
Additional Business Bank accounts or not?
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...
Sheena Lee
Any risk giving bank account number?
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...
Michelle Garcia
Separate bank account to collect rent?
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...
Dave Jackson
Property Manager Wants Bank Account Access
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 ...
Anya Kotova
Opening bank account for child LLC
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...
Gabriella Borukhov
Should I open business bank account?
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.
Matt Tallent
One bank account for each rental?
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!